PITTSBURGH (AP) _ Westinghouse Air Brake Technologies Corp. (WAB) on Monday reported first-quarter net income of $111.6 million, after reporting a loss in the same period a year earlier.

The Pittsburgh-based company said it had profit of 58 cents per share. Earnings, adjusted for amortization costs and restructuring costs, came to 97 cents per share.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 99 cents per share.

The maker of parts for locomotives, subways and buses posted revenue of $1.93 billion in the period.

Wabtec shares have dropped 30% since the beginning of the year. The stock has decreased 27% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WAB at https://www.zacks.com/ap/WAB

Automated Insights, source Associated Press News