Wabtec Plunges 9% as Q4 Miss and Soft 2025 Outlook…
From Financial Modeling Prep: 2025-02-12 12:27:00
Wabtec (NYSE:WAB) shares fell 9% after disappointing Q4 results and a weak 2025 earnings forecast. Q4 had $1.68 EPS and $2.58B revenue, missing estimates. Full-year 2024 saw $7.56 EPS and $10.39B revenue, with 7.3% growth. 2025 guidance of $8.35-$8.75 EPS fell short of expectations, causing concerns about slower earnings momentum.
Despite missing estimates, Wabtec reported strong order growth in Q4, with a 20% increase year-over-year driven by $1B+ in new contracts. The 12-month backlog grew 3% to $7.68B, indicating ongoing demand for rail solutions. However, the softer 2025 profit outlook has led to investor caution and a stock decline.
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