Wabtec Beats Q1 EPS, Raises 2025 Guidance

Wabtec Corporation reported strong first-quarter 2025 results, with adjusted earnings per share rising over 20% year-over-year to $2.28, surpassing Wall Street expectations. Total sales increased 4.5% to $2.61 billion, driven by growth in both the Freight and Transit segments, especially in aftermarket parts and original equipment sales. Operating margin improved, and management raised its full-year adjusted EPS guidance to $8.35 to $8.95, while maintaining revenue guidance at $10.725 billion to $11.025 billion. Despite positive earnings, the midpoint of revenue guidance remains slightly below analyst estimates, and the company's free cash flow margin declined compared to last year. Wabtec shares surged above their 200-day moving average following the earnings release, signaling investor optimism. The company continues to prioritize margin expansion and remains cautious amid ongoing economic uncertainty.