Wabtec (WAB) Q3 Earnings Power Margin Gains Above Premium P E

Westinghouse Air Brake Technologies came into this Q3 2026 report with a premium price tag and a reputation as a high quality rail supplier, and the stock is trading about 2% higher around US$289 after the release. That move only tells part of the story. The headline is a sharp earnings beat, with adjusted earnings per share rising to US$2.83 and operating margins widening meaningfully on the back of stronger performance in Freight and Transit. For investors, the expectation was already high...