Westinghouse Air Brake Technologies Corporation (WAB) earnings on July 22, 2026

Before the market opens Q2 2026

More Westinghouse Air Brake Technologies Corporation earnings

Prior outlook: No statistical edge

Westinghouse Air Brake shares surged 10.3% after earnings, reflecting strong investor approval of the report.

WAB price around the earnings

290.00

Change: +10.6%

2026-07-22, 20:00 UTC

End of the measured window
262.30 273.33 284.35 295.38 262.30
Price series around the eventClosing price per minute from before the event to the end of the measured window.
July 22, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: No statistical edge

Thesis published
Results released

Strong recent earnings beat history and analyst targets point to an optimistic scenario, with an improving trajectory.

Context analyzed before publication

Trend
Trajectory improving (21.6 today vs 13.6 yesterday, 5.8 prior); the recent trend is positive heading into the event.

Analysts

Evidence

Analyst consensus
Strong buy
Consensus average (1-5)
1.42
Analysts covering the stock
12
Average price target
302.83
Lowest price target
280
Highest price target
320
Upside to price target
14.9%
Quarterly earnings growth
12.4%
Revenue growth
13%
Forward EPS
12.17
Trailing EPS
7.06
Analyst moves in the last 60 days
2
  • Strong buy: 1
  • Buy: 9
  • Hold: 2
  • Sell: 0
  • Strong sell: 0
Strong buy
1
Buy
9
Hold
2
Sell
0
Strong sell
0
  • July 13, 2026 · Citigroup: Maintains rating (Buy → Buy)
  • July 13, 2026 · JP Morgan: Maintains rating (Neutral → Neutral)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%

Technicals

Evidence

Average true range (ATR)
2.4%
Distance to 52-week high
-6.7%
14-day change (14d)
+1.7%
30-day change (33d)
-3.8%
30-day relative strength
-4.0%
SPY change (33d)
+0.2%
Nearest support
263
Nearest resistance
264.15
Volume accumulation ratio (14d / 46d)
0.92

Trends

Evidence

Average earnings surprise
+3.6%
  • April 22, 2026: actual EPS 2.71 vs estimate 2.52 (surprise +7.5%)
  • February 11, 2026: actual EPS 2.1 vs estimate 2.08 (surprise +0.9%)
  • October 22, 2025: actual EPS 2.32 vs estimate 2.28 (surprise +2.0%)
  • July 24, 2025: actual EPS 2.27 vs estimate 2.18 (surprise +4.1%)

Expected move

There is no implied-move data available for this event.

Reactions over its last 20 earnings

Median move
3.7%
75th percentile move
6%
90th percentile move
6.7%
Up / down moves
12 / 8
Average up move
+3.9%
Average down move
-4.2%

Monitoring and close

What Westinghouse Air Brake Technologies Corporation reported

Status
Finished
Actual EPS2.76
EPS estimate2.6
EPS surprise+6.2%
Revenue$3,179 million
Revenue estimate$3,075 million
Revenue surprise+3.4%

Wabtec shares hit a record high after Q2 results beat estimates. Revenue of $3.18B topped expectations. Company raised full-year outlook citing margin expansion and a large multiyear backlog.

Sources (16)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, the figures don't clearly confirm the prior scenario. In past cases, 1260 observations (86.2%) showed a similar outcome.

How the stock reacted

Consolidated
+10.3%
Max move
+12.6%

No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.