earnings
confidence high
sentiment positive
materiality 0.80
Wabtec Q4 adjusted EPS $1.68 vs $1.54 YoY; guides 2025 EPS $8.35-8.75, raises dividend 25%
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
2024-FY EPS reported
$6.04
revenue$10,387,000,000
- Q4 GAAP EPS $1.23 (+2.5% YoY); adjusted EPS $1.68 (+9.1% YoY); sales $2.58B (+2.3% YoY).
- FY2024 adjusted EPS $7.56 (+27.7% YoY); sales $10.39B (+7.3% YoY); record cash from ops $1.83B.
- 2025 guidance: sales $10.725-11.025B; adjusted EPS $8.35-8.75 (up 13.1% at midpoint); cash conversion >90%.
- Board raised quarterly dividend 25% to $0.25/share payable Mar 7; added $1B share buyback authorization in Dec.
- New 5-yr targets: mid-single digit revenue CAGR, 350+ bps op margin expansion, double-digit EPS CAGR, >90% cash conversion.