Westinghouse Air Brake Technologies (NYSE:WAB) will announce earnings results this Wednesday. Last quarter, Wabtec reported revenues of $2.89 billion, up 8.4% year on year, meeting analysts’ expectations. This quarter, analysts expect revenue to grow 10.9% to $2.86 billion, with adjusted earnings of $2.08 per share. Peers like Greenbrier and PACCAR have already reported Q4 results, with varying revenue declines. Despite this, positive sentiment among investors in the heavy transportation equipment segment has seen share prices rise 8.2% on average over the last month. Wabtec is up 8.2% as well, with an average analyst price target of $249.42.

Read more at Barchart: Wabtec (WAB) Q4 Earnings Report Preview: What To Look For