WABCO Holdings Inc. Bottom Line Advances In Q2

WABCO Holdings Inc. (WBC) revealed earnings for its second quarter that advanced from the same period last year.

The company’s earnings came in at $107.0 million, or $2.00 per share. This compares with $91.5 million, or $1.69 per share, in last year’s second quarter.

Analysts had expected the company to earn $1.9 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 25.8% to $1.00 billion from $795 million last year.

WABCO Holdings Inc. earnings at a glance:

-Earnings (Q2): $107.0 Mln. vs. $91.5 Mln. last year.
-EPS (Q2): $2.00 vs. $1.69 last year.
-Analysts Estimate: $1.9
-Revenue (Q2): $1.00 Bln vs. $795 Mln last year.

-Guidance:
Full year EPS guidance: $7.45 – $7.75
Full year revenue guidance: $3.85 – $3.95 Bln

by RTTNews Staff Writer

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