WABCO Holdings Inc. Profit Advances In Q1

(RTTNews) - WABCO Holdings Inc. (WBC) revealed earnings for its first quarter that advanced from the same period last year.

The company's bottom line totaled $106.4 million, or $1.97 per share. This compares with $80.3 million, or $1.47 per share, in last year's first quarter.

Analysts had expected the company to earn $1.81 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 33.8% to $1.00 billion from $747.3 million last year.

WABCO Holdings Inc. earnings at a glance:

-Earnings (Q1): $106.4 Mln. vs. $80.3 Mln. last year. -EPS (Q1): $1.97 vs. $1.47 last year. -Analysts Estimate: $1.81 -Revenue (Q1): $1.00 Bln vs. $747.3 Mln last year.

-Guidance: Full year EPS guidance: $7.30 - $7.80 Full year revenue guidance: $3.88 - $4.01 Bln