Wabtec to Reaffirm Guidance

Here’s a press release from Wabtec (WAB):

Wabtec Corporation (WAB) today plans to affirm the following at its Investor Day:

In 2018, revenues are expected to be about $4.1 billion, earnings per diluted share are expected to be about $3.80 excluding estimated restructuring and integration charges, operating margin is expected to be about 13.5 percent, and the company expects cash flow from operations to exceed net income for the year.

The company’s long-term vision is to average double-digit growth in revenues and earnings per diluted share through the business cycle, with its operating margin expected to improve about 100 basis points annually, and cash from operations expected to exceed net income annually.

Here’s the investor presentation.

Posted by on May 7th, 2018 at 12:05 pm


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