The Latest Breaking News from WAB

The railroad industry has experienced tremendous growth in recent years and should continue to grow amid the growing global commerce and increasing use of artificial intelligence in rail infrastructure technology. Hence, fundamentally strong railroad stocks Westinghouse Air Brake Technologies (WAB), West Japan Railway (WJRYY), L.B. Foster (FSTR), and GATX (GATX)…

The railroad industry is expected to stay afloat with the increasing need for the transportation of raw materials, thanks to the revival of the industrial sector. Therefore, fundamentally strong railroad stocks Westinghouse Air Brake Technologies (WAB), West Japan Railway (WJRYY), and L.B. Foster (FSTR) might be solid buys now. Read…

The railroad industry is well-positioned to grow significantly due to rising investments and rapid industrialization. Therefore, railroad stocks Westinghouse Air Brake Technologies (WAB), West Japan Railway (WJRYY), and L.B. Foster (FSTR) might be worth adding to your portfolio. Read on.

With macroeconomic concerns soaring amid a plethora of headwinds, investing in quality stocks Rollins, Inc. (ROL), Westinghouse Air Brake Technologies (WAB), and Grupo Aeroportuario del Centro Norte (OMAB), could be wise now. These hidden gems could help investors garner substantial returns. Read on to find more….

In the upcoming years, the railroad industry is anticipated to stay afloat due to its goods transportation services and swift investments in the sector. Hence, investors could consider shares of fundamentally sound railroad stocks Canadian National (CNI), CSX Corp. (CSX), and Westinghouse Air Brake (WAB). Read more….

Rapid advancements in technology, increasing government investments, and a growing preference for public transportation are contributing to the growth of railroad sector. Therefore, fundamentally sound railroad stocks Canadian National Railway (CNI) and Westinghouse Air Brake Technologies (WAB) might be worth adding to your watchlist. Let’s discuss.

Rebounding travel demand and improving supply chains are helping the railroads sector to recover from the pandemic-led disruptions. Moreover, supportive federal policies are expected to boost the industry. Therefore, investors might consider buying high-quality railroad stocks, Canadian National Railway (CNI), CSX Corporation (CSX), and Westinghouse Air Brake Technologies (WAB) now.…

Westinghouse Air Brake Technologies Corporation, operating as Wabtec Corporation (NYSE: WAB), reported mixed second-quarter 2022 results wherein earnings surpassed the Zacks Consensus Estimate but revenues missed the same.

Westinghouse Air Brake Technologies Corp (NYSE:WAB) (Wabtec) has acquired Raytheon Technologies Corp's (NYSE:RTX) Collins Aerospace business segment ARINC rail solutions, a provider of intelligence-based rail dispatch and back-office solutions. Deal terms were not disclosed. "ARINC's rail solutions systems, coupled with Wabtec's digital and electronics portfolio, will accelerate the industry's journey of rail optimization," commented…

Wednesday marks the last chance for investors to receive the next dividend payout from Westinghouse Air Brake (NYSE:WAB).

Westinghouse Air Brake Technologies Corp (NYSE:WAB) (Wabtec) reported first-quarter FY21 net sales growth of 5.3% year-over-year to $1.93 billion, missing the consensus of $1.98 billion. Adjusted EPS of $1.13 (+27% Y/Y) topped the consensus of $1.12. The gross margin expanded by 170 bps to 30.9%. The adjusted gross margin was 31.1%, up by…