---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-017522"
form_type: "8-K"
ticker: "WAB"
cik: "0000943452"
company_name: "WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP"
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T11:09:35.177274+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Wabtec Q1 2024 sales up 13.8% to $2.50B, adj. EPS $1.89 (+47.7% YoY); raises FY guidance

## Summary
- GAAP EPS $1.53 (+64.5% YoY); Adjusted EPS $1.89 (+47.7% YoY); Adjusted operating margin 19.8% (+3.4 pts).
- Freight segment sales $1.82B (+17.2% YoY) driven by Equipment and Services; Transit sales $673M (+5.5% YoY).
- Cash from operations $334M vs -$25M YoY; returned $211M to shareholders via buybacks ($175M) and dividends ($36M).
- 12-month backlog $7.71B (+11.3% YoY), providing visibility; total backlog $22.08B.
- FY 2024 guidance raised: Adj. EPS now $7.00-$7.40 (from $6.50-$6.90); sales expected $10.25B-$10.55B.

## SEC filing metadata
- accession: 0001628280-24-017522
- form_type: 8-K
- ticker: WAB
- cik: 0000943452
- company_name: WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/943452/000162828024017522/0001628280-24-017522-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/943452/000162828024017522/wab-20240424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-017522
- JSON: https://secwatch.observer/filing/0001628280-24-017522.json
- Plain text: https://secwatch.observer/filing/0001628280-24-017522.txt

## Key facts
- Earnings Releases
  WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP reported first quarter 2024 results: revenue $2.50 billion, EPS $1.53. Guidance raised.
  - Period: first quarter 2024
  - Revenue: $2.50 billion
  - EPS: $1.53
  - Guidance: raised
  - Result: reported results
  source text: of $1.53, Up 64.5%; Adjusted Earnings Per Share of $1.89, Up 47.7% • GAAP Operating Margin at 16.5%; Adjusted Operating Margin Up 3.4 pts to 19.8% • Sales Growth of 13.8% to $2.50 billion; Freight Segment Sales Growth of 17.2% • Returned $211 million to Shareholders via Share Repurchases and Dividends • Raises 2024 Financial Guidance of Adjusted EPS to Between
  evidence_url: https://www.sec.gov/Archives/edgar/data/943452/000162828024017522/0001628280-24-017522-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.