The company said net sales for Q2 2024 rose 9.8% from a year earlier to $2,644 million, with GAAP diluted earnings per share of $1.64 and adjusted diluted earnings per share of $1.96.

1. 01

   The company said net sales for Q2 2024 rose 9.8% from a year earlier to $2,644 million, with GAAP diluted earnings per share of $1.64 and adjusted diluted earnings per share of $1.96.

2. 02

   The company said its GAAP operating margin for Q2 was 16.3% and its adjusted operating margin was 19.3%. Freight segment sales increased 13.1% to $1,920 million, and Transit segment sales rose 2.0% to $724 million.

3. 03

   Wabtec said operating cash flow for Q2 was $235 million, up from $115 million a year earlier. It also said it repurchased $200 million of shares and paid $35 million in dividends during the quarter.

4. 04

   The company said it raised and tightened its adjusted diluted EPS guidance for 2024 to a range of $7.20 to $7.50. It said its revenue guidance range of $10.25 billion to $10.55 billion was unchanged.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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