WASHINGTON (dpa-AFX) - While reporting its financial results for the first quarter on Wednesday, transportation solutions provider Wabtec Corp. (WAB) raised its adjusted earnings guidance for the full-year 2025, while maintaining annual sales outlook.
For fiscal 2025, the company now projects adjusted earnings in a range of $8.35 to $8.95 per share, up from the prior forecast range of $8.35 to $8.75 per share. Sales is still expected between $10.725 billion and $11.025 billion.
On average, analysts polled expect the company to report earnings of $8.54 per share on revenues of $10.96 billion for the year. Analysts' estimates typically exclude special items.
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