WABCO (NYSE:WBC) issued an update on its FY18 earnings guidance on Thursday morning. The company provided EPS guidance of $7.65-7.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.48. The company issued revenue guidance of $3.85-3.90 billion, compared to the consensus revenue estimate of $3.90 billion.WABCO also updated its FY 2018 guidance to $7.65-7.85 EPS.
Shares of NYSE:WBC opened at $105.89 on Friday. The stock has a market capitalization of $5.61 billion, a P/E ratio of 15.44, a PEG ratio of 0.92 and a beta of 1.82. WABCO has a fifty-two week low of $101.23 and a fifty-two week high of $162.20. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.07 and a current ratio of 2.48.
WABCO (NYSE:WBC) last issued its quarterly earnings data on Thursday, October 18th. The auto parts company reported $1.78 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.59 by $0.19. WABCO had a net margin of 11.62% and a return on equity of 32.94%. The firm had revenue of $914.80 million for the quarter, compared to the consensus estimate of $932.66 million. During the same period last year, the firm posted $1.71 EPS. WABCO’s quarterly revenue was up 10.5% compared to the same quarter last year. On average, research analysts expect that WABCO will post 7.7 earnings per share for the current fiscal year.
WABCO Holdings Inc, together with its subsidiaries, supplies electronic, mechanical, electro-mechanical, and aerodynamic products worldwide. The company engineers, develops, manufactures, and sells braking, stability, suspension, transmission automation, and air management systems primarily for commercial vehicles.
Further Reading: Earnings Per Share
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