20.10.2016 12:38:23

WABCO Holdings Inc. Q3 Income Rises 6%

(RTTNews) - WABCO Holdings Inc. (WBC) announced earnings for its third quarter that rose compared to the same period last year.

The company said its bottom line came in at $85.6 million, or $1.54 per share. This was higher than $80.5 million, or $1.39 per share, in last year's third quarter.

Analysts had expected the company to earn $1.48 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.9% to $675.4 million. This was up from $643.6 million last year.

WABCO Holdings Inc. earnings at a glance:

-Earnings (Q3): $85.6 Mln. vs. $80.5 Mln. last year. -Earnings Growth (Y-o-Y): 6.3% -EPS (Q3): $1.54 vs. $1.39 last year. -EPS Growth (Y-o-Y): 10.8% -Analysts Estimate: $1.48 -Revenue (Q3): $675.4 Mln vs. $643.6 Mln last year. -Revenue Change (Y-o-Y): 4.9%

-Guidance: Full year EPS guidance: $5.75 - $5.85 Full year revenue guidance: $2.80 - $2.83 Bln

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