WAB misses quarterly earnings forecast but announces dividend, stock declines post-report.
Westinghouse Air Brake Technologies (WAB) reported quarterly earnings of $1.68 per share, missing forecasts by $0.06. Despite this, the company announced a quarterly dividend of $0.25, an annualized dividend of $1.00, and has a dividend yield of 0.53%. WAB's stock fell to $186.93 after the earnings report. The company, which provides technology for rail industries, projects a 2025 EPS between $8.35 and $8.75, driven by anticipated revenue growth and operational efficiencies.
6 weeks ago
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