NYSE:WABMachinery
Is Strong Q3 Growth and a Record Backlog Altering the Investment Case for WAB?
Earlier this week, Westinghouse Air Brake Technologies reported third-quarter results showing 8.4% revenue growth, a 16% increase in adjusted earnings per share, and a multi-year backlog expanding to US$25.6 billion despite a dip in operating cash flow.
Analyst optimism remains high, with multiple firms highlighting the company's strong market position, robust industry trends, and international growth opportunities as drivers of long-term potential.
To understand how these solid quarterly...