Greenbrier Companies Inc reports results for the quarter ended in February - Earnings Summary

The Greenbrier Companies

05/04/2024 16:35

* Greenbrier Companies Inc  GBX.N  reported quarterly
adjusted
earnings of $1.03​​ per share for the quarter ended in February,
higher than the same quarter last year, when the company
reported EPS of 99 cents.  The mean expectation of five analysts
for the quarter was for earnings of 86 cents per share. Wall
Street expected results to range from 70 cents to $1.02 per
share.
    * Revenue fell 41.5% to $656.20 million from a year ago;
analysts
expected $843.28 million. 
    * Greenbrier Companies Inc's reported EPS for the quarter
was
$1.03​.
    * The company reported quarterly net income of $33.4
million.
    * Greenbrier Companies Inc shares had risen by 0.6% this
quarter and gained 18.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the heavy
machinery &
vehicles peer group is also "buy"

Wall Street's median 12-month price target for Greenbrier
Companies Inc is $54.50 
This summary was machine generated from LSEG data April 5 at
03:35 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Feb. 29 2024      0.86           1.03           Beat
 Nov. 30 2023      0.73           0.96           Beat
 Aug. 31 2023      1.01           0.92           Missed
 May. 31 2023      0.59           1.02           Beat