WABCO Raises Earnings Guidance - Quick Facts

(RTTNews) - WABCO Holdings Inc. (WBC) announced the company now expects performance full year 2018 EPS to now range from $7.65 to $7.85 versus previous guidance from $7.45 to $7.75. The company updated sales guidance for full year 2018 to now range from $3.85 billion to $3.90 billion versus previous guidance from $3.85 billion to $3.95 billion, primarily driven by foreign exchange assumptions; in local currencies, sales growth to now range from 14.0% to 16.0% versus previous guidance from 13.0% to 16.0%.

For the third-quarter, performance EPS was $1.78, up 4.1 percent from $1.71 a year ago. Sales were $914.8 million, up 10.5 percent from a year ago and up 13.4 percent in local currencies.