secwatch.observer — SEC 8-K summary
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Issuer:     WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB)
CIK:        0000943452
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0001628280-24-032688
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wabtec Q2 2024 adjusted EPS $1.96 (+39% YoY), raises FY2024 guidance to $7.20-$7.50
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- Sales $2.64B, +9.8% YoY; Freight segment sales +13.1% to $1.92B.
- GAAP diluted EPS $1.64 (+54.7% YoY); adjusted diluted EPS $1.96 (+39.0% YoY).
- Adjusted operating margin improved 2.9 pts to 19.3%; GAAP margin 16.3%.
- Cash from operations $235M vs $115M a year ago; repurchased $200M in shares and paid $35M dividends.
- Raised and tightened 2024 adjusted EPS guidance to $7.20-$7.50 (midpoint $7.35, +24% YoY); revenue guidance unchanged at $10.25B-$10.55B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/943452/000162828024032688/0001628280-24-032688-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/943452/000162828024032688/wab-20240724.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-032688

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer