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.
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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