WABCO Holdings Inc. Q1 Income Rises 3%

(RTTNews) - WABCO Holdings Inc. (WBC) announced earnings for its first quarter that rose from last year.

The company said its bottom line totaled $80.3 million, or $1.47 per share. This was higher than $77.6 million, or $1.37 per share, in last year's first quarter.

Analysts had expected the company to earn $1.43 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 8.5% to $747.3 million. This was up from $688.7 million last year.

WABCO Holdings Inc. earnings at a glance:

-Earnings (Q1): $80.3 Mln. vs. $77.6 Mln. last year. -Earnings Growth (Y-o-Y): 3.5% -EPS (Q1): $1.47 vs. $1.37 last year. -EPS Growth (Y-o-Y): 7.3% -Analysts Estimate: $1.43 -Revenue (Q1): $747.3 Mln vs. $688.7 Mln last year. -Revenue Change (Y-o-Y): 8.5%

-Guidance: Full year EPS guidance: $5.55 - $6.05 Full year revenue guidance: $2.85 – $2.99 Bln