Greenbrier Companies (NYSE:GBX) Releases Quarterly Earnings Results, Misses Estimates By $0.41 EPS

Greenbrier Companies (NYSE:GBX) posted its quarterly earnings results on Monday. The transportation company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.41), FiscalAI reports. Greenbrier Companies had a return on equity of 6.49% and a net margin of 4.07%. The business had revenue of $591.00 million for the quarter, compared to analyst estimates of $605.10 million.

Greenbrier Companies Price Performance

Shares of NYSE:GBX traded up $0.18 during mid-day trading on Monday, reaching $38.27. 882,501 shares of the company were exchanged, compared to its average volume of 439,151. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of 11.36 and a beta of 1.45. The firm’s 50-day simple moving average is $42.05 and its 200 day simple moving average is $46.47. Greenbrier Companies has a 1 year low of $37.02 and a 1 year high of $59.19.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Weiss Ratings downgraded shares of Greenbrier Companies from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, September 1st. Wall Street Zen cut Greenbrier Companies from a “hold” rating to a “sell” rating in a report on Saturday. Finally, Susquehanna lowered Greenbrier Companies from a “positive” rating to a “neutral” rating and set a $52.00 price target for the company. in a research report on Thursday, July 2nd. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $45.00.

Greenbrier Companies Company Profile

Greenbrier Companies, Inc is a transportation equipment company that designs, manufactures and supplies freight railcars and related services. Its products include covered hopper cars, tank cars, gondolas, boxcars, intermodal equipment and railcars used to transport automobiles and other specialized cargo.

The company also provides railcar leasing and management services, maintenance, refurbishment, wheel services and parts. Through its manufacturing and service operations, Greenbrier supports railroads, leasing companies, shippers and other participants in the North American freight transportation industry.

Founded in 1974 and headquartered in Lake Oswego, Oregon, Greenbrier has expanded its operations beyond the United States, with manufacturing and service activities serving customers in North America and international markets.