Greenbrier Companies Inc (GBX) Releases Earnings Results, Beats Expectations By $0.04 EPS

Greenbrier Companies Inc (GBX) reported quarterly earnings results on Wednesday, Jul-6-2016. The company said it had a profit of $1.12 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.04. Analysts had a consensus of $1.08. The company posted revenue of $612.90 million in the period, compared to analysts expectations of $601.12 million. The company’s revenue was down -14.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.49 EPS.

Many Wall Street Analysts have commented on Greenbrier Companies Inc. Greenbrier Companies Inc was Downgraded by Longbow to ” Neutral” on Jun 20, 2016.

Greenbrier Companies Inc opened for trading at $29.18 and hit $30.2 on the upside on Friday, eventually ending the session at $29.57, with a gain of 1.51% or 0.44 points. The heightened volatility saw the trading volume jump to 5,03,919 shares. Company has a market cap of $831 M.

In a different news, on Jun 2, 2016, Mark J Rittenbaum (EVP,Commercial,Leasing,Finance) sold 2,135 shares at $28.39 per share price. According to the SEC, on Apr 27, 2016, Martin Raymond Baker (SVP, GC, & Compliance Officer) sold 5,357 shares at $30.67 per share price. On Apr 15, 2016, Alejandro Centurion (EVP and President, GMO) sold 10,000 shares at $31.84 per share price, according to the Form-4 filing with the securities and exchange commission.

The Greenbrier Companies Inc. (Greenbrier) formerly Greenbrier Co Inc. is a designer manufacturer and marketer of railroad freight car equipment in North America and Europe a manufacturer and marketer of ocean-going marine barges in North America and a provider of wheel services railcar refurbishment and parts leasing and other services. The Company’s Manufacturing segment produces double-stack intermodal railcars conventional railcars tank cars and marine vessels. The Wheel Services Refurbishment & Parts segment performs wheel axle and bearing servicing; railcar repair refurbishment and maintenance activities and production and reconditioning of a range of parts for the railroad industry in North America. The Leasing & Services segment owns approximately 11000 railcars and provides management services for approximately 219000 railcars for railroads shippers carriers institutional investors and other leasing and transportation companies in North America.

Greenbrier Companies Inc

Leave a Reply

Greenbrier Companies Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Greenbrier Companies Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.