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Wabtec Inc. - $WAB STOCK NEWS

Welcome to our dedicated page for Wabtec news (Ticker: $WAB), a resource for investors and traders seeking the latest updates and insights on Wabtec stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Wabtec's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Wabtec's position in the market.

Rhea-AI Summary
Wabtec's Trip Optimizer software for trains has reached a significant milestone, saving 752 million gallons of fuel and reducing 7.7 million tons of emissions. The system has been used for over 1 billion auto miles by 12,000 locomotives worldwide, leading to a 10% reduction in emissions and significant cost savings for railroads.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.83%
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Rhea-AI Summary
Wabtec Corporation (NYSE: WAB) will report its 2023 fourth quarter results before the U.S. financial markets open on February 14, 2024. The company will conduct a conference call to discuss the results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at www.WabtecCorp.com and click on “Events & Presentations” in the “Investor Relations” section. An audio replay of the call will be available by calling 1-877-344-7529 or 1-412-317-0088 (access code: 4474477).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.01%
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Rhea-AI Summary
Wabtec (WAB) partners with Intermodal Telematics B.V. to enter the railcar telematics market, offering a real-time information platform for railcar and tank container owners and operators. The solution will be launched in Q1 2024, exclusively in North America and other heavy-haul freight markets globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.22%
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Rhea-AI Summary
Wabtec (NYSE: WAB) received a perfect score of 100 on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index, showcasing its commitment to LGBTQ+ workplace equality. The company has shown significant progress in diversity, equity, and inclusion targets and has joined the ranks of top U.S. businesses in promoting LGBTQ+ friendly workplace policies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
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Rhea-AI Summary
Wabtec Corporation released its 2023 Sustainability Report, highlighting its vision and progress on environmental, social, and governance commitments. The report includes the company's complete Scope 3 emissions for the first time and details efforts to advance its ESG strategy and goals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.92%
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Rhea-AI Summary
Wabtec and Roy Hill have unveiled the FLXdrive battery locomotive, the world's first 100% battery-powered, heavy-haul locomotive for mainline service. The locomotive features a 7 MWh energy capacity and is expected to reduce fuel costs and emissions per train by a double-digit percentage. It will begin its journey in 2024 for delivery to the Pilbara region of Western Australia. Wabtec also donated $50,000 to Linked By Pink, a non-profit organization supporting breast cancer survivors.
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Rhea-AI Sentiment
End-of-Day
0.45%
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Rhea-AI Summary
Wabtec Corporation reports strong Q3 2023 earnings with GAAP EPS of $1.33, up 51.1%, and adjusted EPS of $1.70, up 39.3%. Sales growth of 22.5% to $2.55 billion. Operating cash flow of $425 million. Raises full-year adjusted EPS guidance to up 21.4% YoY.
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Rhea-AI Sentiment
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4.12%
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Rhea-AI Summary
Wabtec Corporation to provide brakes and couplers for 640 MTA New York City Transit train cars
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-0.96%
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Rhea-AI Summary
Wabtec Corporation declares quarterly dividend of 17 cents per share
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-0.38%
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dividends
Rhea-AI Summary
Wabtec Corporation to report 2023 Q3 results on October 25, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.36%
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Wabtec Inc.

NYSE:WAB

WAB Rankings

WAB Stock Data

28.75B
174.95M
1.03%
94.38%
1.07%
Railroad Rolling Stock Manufacturing
Manufacturing
Link
United States of America
PITTSBURGH

About WAB

wabtec corporation is a transportation/trucking/railroad company headquarters at 1001 airbrake ave, wilmerding, pa 15148