The company said net sales for Q1 were $2,610 million, up 4.5% from $2,497 million a year earlier. GAAP diluted earnings per share were $1.88, and adjusted diluted earnings per share were $2.28.

1. 01

   The company said net sales for Q1 were $2,610 million, up 4.5% from $2,497 million a year earlier. GAAP diluted earnings per share were $1.88, and adjusted diluted earnings per share were $2.28.

2. 02

   Wabtec said its GAAP operating margin for Q1 was 18.2% (16.5% a year earlier), and its adjusted operating margin was 21.7% (19.8% a year earlier). It cited higher sales and improved gross margins as factors behind both measures.

3. 03

   Wabtec said operating cash flow for Q1 was $191 million, lower than $334 million a year earlier, and cited higher accounts receivable as the reason. In the same quarter, it paid $43 million in dividends and repurchased $98 million of its shares, returning a total of $141 million to shareholders.

4. 04

   The company raised the midpoint of its full-year adjusted EPS guidance by $0.10 and widened the range to $8.35 to $8.95. It said its revenue guidance remains unchanged at $10.725 billion to $11.025 billion. It expects operating cash flow conversion for the year to be greater than 90%.

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.