Greenbrier Companies Inc GBX.N reported quarterly adjusted earnings of $1.86 per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of $1.06. The mean expectation of two analysts for the quarter was for earnings of 99 cents per share. Wall Street expected results to range from 86 cents to $1.11 per share.
Revenue rose 2.7% to $842.70 million from a year ago; analysts expected $785.72 million.
Greenbrier Companies Inc's reported EPS for the quarter was $1.86.
The company reported quarterly net income of $60.1 million.
Greenbrier Companies Inc shares had held steady so far this quarter and lost 24.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 15.5% 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 "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the heavy machinery & vehicles peer group is "buy."
Wall Street's median 12-month price target for Greenbrier Companies Inc is $49.00, about 4.1% above its last closing price of $47.00
This summary was machine generated from LSEG data July 1 at 09:01 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)