What insights does WAB's 2024 EPS volatility reveal?
4/4/2025 02:30pm
Westinghouse Air Brake's (WAB) 2024 EPS volatility shows a general upward trend, with some fluctuations. Here's a detailed analysis:
1. **Quarterly EPS Performance**: The EPS for Q1 2024 was $1.54, followed by $1.64 in Q2, $1.63 in Q3, and $1.23 in Q4. This trend suggests a slight dip in earnings towards the end of the year.
2. **Volatility Peaks**: The highest volatility was observed in May 2024, with a weekly volatility of 4.1%. This could indicate a period of significant price movements or market uncertainty around this time.
3. **Consistency**: The EPS volatility remained relatively consistent throughout the year, except for a peak in May and a slight increase in July. This suggests that while there were some fluctuations, they were not extreme or erratic.
4. **Comparison with Estimates**: WAB's actual EPS for Q4 2024 was slightly below the forecasted $1.74, coming in at $1.68. This suggests that while the company's performance was consistent, it occasionally missed expectations.
5. **Market Perception**: The fact that WAB received positive ratings despite insider selling could imply that the market had confidence in the company's performance, even in the face of some volatility.
In conclusion, WAB's 2024 EPS volatility reflects a company that operated consistently but faced some challenges, particularly in terms of meeting earnings estimates. The market's positive perception of the company despite these challenges is a positive sign for investors.