Westinghouse Air Brake Technologies Corporation (WAB) Q3 2023 Earnings Call Transcript

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Q3: 2023-10-25 Earnings Summary

EPS of $1.70 beats by $0.24
 | Revenue of $2.55B (22.54% Y/Y) beats by $143.28M

Westinghouse Air Brake Technologies Corporation. (NYSE:WAB) Q3 2023 Earnings Conference Call October 25, 2023 8:30 AM ET

Company Participants

Kristine Kubacki - VP, IR
Rafael Santana - CEO, President & Director
John Olin - EVP & CFO

Conference Call Participants

Justin Long - Stephens
Jerry Revich - Goldman Sachs
Nathan Ho - Bank of America
Ivan Yi - Wolfe Research
Matthew Elkott - TD Cowen
Saree Boroditsky - Jefferies
Robert Wertheimer - Melius Research
Steve Barger - KeyBanc Capital Markets

Operator

Good morning, and welcome to Wabtec Corporation Third Quarter 2023 Earnings Conference Call. [Operator Instructions].Please note this event is being recorded. I would like to turn the conference over to Kristine Kubacki, Vice President of Investor Relations. Please go ahead.

Kristine Kubacki

Thank you, operator. Good morning, everyone, and welcome to Wabtec’s Third Quarter 2023 Earnings Call. With us today are President and CEO, Rafael Santana; CFO, John Olin; and Senior Vice President of Finance, John Mastalerz.

Today’s slide presentation, along with our earnings release and financial disclosures were posted to our website earlier today and can be accessed on our Investor Relations tab on wabteccorp.com. Some statements we’re making are forward-looking and based on our best view of the world and our business today. For more detailed risks, uncertainties and assumptions related to our forward-looking statements, please see the disclosures in our earnings release and presentation.

We will also discuss non-GAAP financial metrics and encourage you to read our disclosures and reconciliation tables carefully as you consider these metrics.

I will now turn the call over to Rafael.

Rafael Santana

Thanks, Kristine, and good morning, everyone. Let’s move to Slide four. I’ll start with an update on our business, my perspectives on the quarter, the progress against our long-term value creation framework, and then John will cover the financials.

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