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AI brief of an SEC Form 8-K · Wabtec (WAB)

Wabtec raises 2024 adjusted EPS guidance to $7.45-$7.65 after 17.6% Q3 profit gain

Positive Impact 4 of 5 guidance Written later

Wabtec reported third quarter 2024 results on October 23, 2024, with sales up 4.4% to $2.66 billion and GAAP diluted EPS of $1.63, up 22.6%. The company raised and tightened its 2024 adjusted diluted EPS guidance to $7.45 to $7.65, while its revenue guidance of $10.25 billion to $10.55 billion was unchanged. For shareholders, the filing shows higher earnings and a higher profit outlook for the year.

Key points

  • Q3 2024 adjusted diluted EPS was $2.00, up 17.6% from $1.70 a year earlier
  • Q3 2024 sales were $2.66 billion, up 4.4%; GAAP operating margin rose to 16.3% from 14.5%
  • 2024 adjusted diluted EPS guidance raised and tightened to $7.45 to $7.65; revenue guidance unchanged at $10.25 billion to $10.55 billion
  • Company repurchased $599 million of shares and paid $35 million in dividends in the quarter

The filing

CompanyWabtec (WAB)
Form8-K, current report
Filed with the SECOct 23, 2024, 6:45 AM ET
Accession number0001628280-24-043347

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.