This Railroad-Equipment Maker’s Stock Is the S&P 500’s Worst Performer. Blame Earnings. - Barron's
1. Wabtec's shares dropped 11% following disappointing earnings results. 2. Adjusted earnings of $1.68 missed expectations of $1.73 per share. 3. Sales of $2.58 billion fell short of the $2.62 billion estimate. 4. 2025 guidance projects lower sales and earnings than analysts anticipated. 5. Board raised the dividend by 25% and authorized $1 billion in buybacks.