Wabtec q3 sales $2.0 bln vs refinitiv ibes estimate of $2.17 bln

Wabtec reports 3q results, updates guidance; affirms 2019 gaap cash from operations target.q3 sales $2.0 billion versus refinitiv ibes estimate of $2.17 billion.sees fy 2019 adjusted earnings per share $4.15 to $4.20.sees fy 2019 gaap earnings per share $2.05 to $2.10.q3 adjusted earnings per share $1.03.q3 earnings per share $0.48.sees fy 2019 sales about $8.1 billion.q3 earnings per share estimate $1.01 -- refinitiv ibes data.wabtec - updated its full-year guidance for adjusted sales of about $8.2 billion.at september 30, wabtec's total, multi-year backlog was $21.9 billion.fy2019 earnings per share view $4.19, revenue view $8.28 billion -- refinitiv ibes data.wabtec - saw challenging conditions in north american freight market in quarter.sees 2019 gaap cash flow from operations to be about $900 million.wabtec - will exceed synergy target of $250 million before 2022.
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