Wabtec

WAB

Market cap $35.7B

Investors looking for stocks in the Transportation - Equipment and Leasing sector might want to consider either AerCap (AER) or Westinghouse Air Brake Technologies (WAB). But which of these two stocks is more attractive to value investors?

Wabtec (WAB) reported earnings 30 days ago. What's next for the stock?

The Investment Committee give you their top stocks to watch for the second half.

Investors interested in stocks from the Transportation - Equipment and Leasing sector have probably already heard of AerCap (AER) and Westinghouse Air Brake Technologies (WAB). But which of these two companies is the best option for those looking for undervalued stocks?

Westinghouse Air Brake Technologies Corporation, aka Wabtec, continues to deliver strong operating performance, combining sales growth, margin expansion, and strategic M&A to drive long-term value. Recent acquisitions, including Evident's Inspection Technologies and Frauscher Sensor Technology, boost high-margin revenue and support a clear path to $10 earnings per WAB share by 2026/2027. Despite near-term headwinds from lower North American railcar deliveries, WAB's resilient organic performance and robust backlog underpin solid growth prospects.

WAB posts strong Q3 results with earnings and revenues topping estimates, backed by Freight and Transit growth and a raised and tightened 2025 EPS outlook.

Westinghouse Air Brake Technologies Corporation (NYSE:WAB ) Q3 2025 Earnings Call October 22, 2025 8:30 AM EDT Company Participants Kyra Yates - Vice President of Investor Relations Rafael Santana - CEO, President & Director John Olin - Executive VP & CFO Conference Call Participants Angel Castillo Malpica - Morgan Stanley, Research Division Ken Hoexter - BofA Securities, Research Division Bascome Majors - Susquehanna Financial Group, LLLP, Research Division Robert Wertheimer - Melius Research LLC Scott Group - Wolfe Research, LLC Jae Hyun Ko - Jefferies LLC, Research Division Brady Lierz - Stephens Inc., Research Division Benjamin Mohr Mok - Citigroup Inc., Research Division Tami Zakaria - JPMorgan Chase & Co, Research Division Steve Barger - KeyBanc Capital Markets Inc., Research Division Presentation Operator Good day, and welcome to the Wabtec Third Quarter 2025 Earnings Conference Call. [Operator Instructions] Please note, today's event is being recorded.

The headline numbers for Wabtec (WAB) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Westinghouse Air Brake Technologies (WAB) came out with quarterly earnings of $2.32 per share, beating the Zacks Consensus Estimate of $2.23 per share. This compares to earnings of $2 per share a year ago.

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) today reported third quarter 2025 GAAP earnings per diluted share of $1.81, up 11.0% versus the third quarter of 2024. Adjusted earnings per diluted share were $2.32, up 16.0% versus the same quarter a year ago. Third quarter sales were $2.89 billion and cash from operations was $367 million. “The Wabtec team delivered a very strong quarter, evidenced by continued growth in our backlog, sales, margin, and earnings,” said Rafael Santana.