Wabtec to Report Q2 Results Tomorrow Amid Mixed Heavy Machinery Earnings

Yahoo Finance··Read original
2▲0 ▼2Impact / 5
Summary · why it matters

Westinghouse Air Brake Technologies, known as Wabtec, will announce its second-quarter results Wednesday morning. The market expects revenue to grow 13.7% year on year, an improvement from the 2.3% increase in the same quarter last year. Analysts have generally reconfirmed their estimates over the last 30 days, though Wabtec has missed Wall Street's revenue estimates multiple times over the past two years. In the heavy machinery segment, peer Greenbrier reported a 31.6% revenue decline, missing expectations by 5.9%, while Lindsay's revenue fell 5.1%, also missing by 5.1%. Wabtec's stock is down 6.8% over the last month, heading into earnings with an average analyst price target of $302.83 compared to the current share price of $257.98.

Impact on assets 3

Industrials▼ · 2 stocks
Greenbrier Companies Inc
GBX
▼ NegativeDemandrelevance

Greenbrier reported a 31.6% revenue decline, missing expectations, indicating weak demand in the heavy machinery segment.

Climate Adaptation & Water▼ · 1 stocks
Lindsay Corporation
LNN
▼ NegativeDemandrelevance

Lindsay's revenue fell 5.1%, missing expectations, reflecting weak demand in the heavy machinery segment.

© 2026 MarketIVNews