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WAB's strong earnings and raised guidance suggest positive momentum, reminiscent of past performance spikes after similar announcements in growth sectors.
What happened, with direct paths to the underlying reporting
WAB reported Q1 adjusted EPS of $2.28, beating estimates of $2.03. Sales of $2.61 billion met analyst expectations, indicating stability. FY25 adjusted EPS guidance raised from $8.35-$8.75 to $8.35-$8.95. WAB shares gained 1.8%, closing at $185.32 post-announcement. Analysts adjusted price targets, showing mixed outlooks for WAB stock.
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