• First Quarter Reported GAAP Earnings Per Share of $0.58; Adjusted EPS of $0.97
• First Quarter Reported GAAP Income From Operations of $217 Million (11.3% Margin); Adjusted Income From Operations of $303 Million (15.7% Margin)
• Strong Financial Position with Available Liquidity of About $1.2 Billion at Quarter Close; Additional Actions Post Quarter Further Enhanced Liquidity by $600 Million
• Multi-Year Backlog of $22 Billion Provides Forward Visibility
Pittsburgh, PA, May 4, 2020 – Wabtec Corporation (NYSE: WAB) today reported first quarter 2020 earnings per diluted share of $0.58 and adjusted earnings per…
Pittsburgh, PA, May 4, 2020 -- Wabtec Corporation (NYSE: WAB) announced today that due to continued public health precautions, including current restrictions on in-person gatherings as a result of the coronavirus (COVID-19) outbreak and to support the health and well-being of Wabtec shareholders, employees and the community, the Company's 2020 Annual Meeting of Shareholders (Annual Meeting) has been changed to a virtual-only format via a live audio webcast. There will be no physical location for the Annual Meeting and shareholders will not be able to attend in person. The Annual Meeting will continue be held on May 15, 2020 at 11:30 am Eastern Time.