WABCO Holdings Inc. Announces 7% Increase In Q3 Profit

(RTTNews) - WABCO Holdings Inc. (WBC) reported a profit for its third quarter that advanced from last year.

The company said its bottom line came in at $92.0 million, or $1.71 per share. This was up from $85.6 million, or $1.54 per share, in last year's third quarter.

Analysts had expected the company to earn $1.54 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 22.6% to $827.8 million. This was up from $675.4 million last year.

WABCO Holdings Inc. earnings at a glance:

-Earnings (Q3): $92.0 Mln. vs. $85.6 Mln. last year. -Earnings Growth (Y-o-Y): 7.5% -EPS (Q3): $1.71 vs. $1.54 last year. -EPS Growth (Y-o-Y): 11.0% -Analysts Estimate: $1.54 -Revenue (Q3): $827.8 Mln vs. $675.4 Mln last year. -Revenue Change (Y-o-Y): 22.6%

-Guidance: Full year EPS guidance: $6.55 - $6.70 Full year revenue guidance: $3250 - $3,300 Mln