Westinghouse Air Brake Technologies Corp at Jefferies Industrials Conference (Virtual) Transcript

Aug 05, 2020 / 07:35PM GMT
Saree Emily Boroditsky - Jefferies LLC, Research Division - Equity Analyst

Hi. I'm Saree Boroditsky, industrials analyst here at Jefferies. We're really excited to have Pat Dugan, CFO of Wabtec, here with us today.

So we're going to really start with the fireside chat. So we're going to get into some questions on the near-term trends and then follow that up with some more longer-term questions.

So thanks for joining us today.

Patrick D. Dugan - Wabtec Corporation - Executive VP & CFO

Thanks, Saree. Thanks for having us, and looking forward to talking to the group.

Questions and Answers:

Saree Emily Boroditsky - Jefferies LLC, Research Division - Equity Analyst

So starting with some near-term trends. Freight service held in well in the quarter with an only an 8% decline despite the almost 20% decline in freight volumes, just given the benefit of mod deliveries. How do you think about services demand for the remainder of the year as maybe [you see] some lower mod deliveries but freight
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot