- First-quarter EPS was up 36% to 80 cents driven by sales up 5.3% to $1.93 Billion in this slow quarter. Stronger quarters with higher overhead absorption.
- Wabtec's earnings per share increased 36% in 2021 and 2022 EPS guidance is an increase of 47 to 60 percent.
- High market share gives Wabtec strong pricing power.
- Higher fuel and labor costs will make railroads more competitive with trucks. Achieving this competitive advantage will require railroads to make investments in digital systems and equipment which Wabtec has developed.
- Wabtec is developing greener environmentally friendly products that will be in demand independent of swings in freight volume.
For further details see:
Wabtec's Strong Turnaround Accelerates