Wabtec earnings rise on higher freight and transit sales
Wabtec reported Q3 revenue of $3.12B (+8%) and EPS of $2.42 (+34%), raising full-year EPS guidance to $10.85-$11.05. Freight and transit sales grew, with backlogs increasing. CEO Rafael Santana attributed performance to strategic actions and customer demand. Freight segment revenue rose 6.9%, while transit segment revenue increased 11.3%.

