The Greenbrier Companies (NYSE:GBX) Releases Quarterly Earnings Results, Misses Expectations By $0.22 EPS

The Greenbrier Companies (NYSE:GBX) posted its quarterly earnings data on Tuesday. The transportation company reported ($0.30) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by ($0.22), Briefing.com reports. The Greenbrier Companies had a return on equity of 4.46% and a net margin of 1.75%. The firm had revenue of $403.00 million for the quarter, compared to the consensus estimate of $438.25 million. During the same period in the prior year, the company posted $0.30 earnings per share. The Greenbrier Companies’s quarterly revenue was down 47.6% on a year-over-year basis.

Shares of The Greenbrier Companies stock traded down $0.56 during mid-day trading on Thursday, reaching $35.90. 9,533 shares of the stock were exchanged, compared to its average volume of 673,286. The company has a market cap of $1.18 billion, a price-to-earnings ratio of 24.41, a price-to-earnings-growth ratio of 6.09 and a beta of 1.63. The company has a current ratio of 1.98, a quick ratio of 1.33 and a debt-to-equity ratio of 0.55. The firm has a 50-day simple moving average of $35.35 and a 200 day simple moving average of $29.70. The Greenbrier Companies has a fifty-two week low of $12.89 and a fifty-two week high of $37.99.

In other The Greenbrier Companies news, EVP Mark J. Rittenbaum sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, November 24th. The shares were sold at an average price of $35.47, for a total value of $141,880.00. Following the completion of the sale, the executive vice president now owns 91,104 shares in the company, valued at approximately $3,231,458.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Mark J. Rittenbaum sold 6,230 shares of the firm’s stock in a transaction dated Thursday, October 29th. The shares were sold at an average price of $26.65, for a total transaction of $166,029.50. Following the completion of the sale, the executive vice president now owns 95,033 shares of the company’s stock, valued at approximately $2,532,629.45. The disclosure for this sale can be found here. Insiders have sold a total of 16,159 shares of company stock valued at $512,747 in the last quarter. 2.74% of the stock is currently owned by corporate insiders.

A number of analysts have weighed in on the stock. Cowen increased their price target on shares of The Greenbrier Companies from $33.00 to $41.00 and gave the company an “outperform” rating in a report on Friday, December 11th. Zacks Investment Research raised shares of The Greenbrier Companies from a “strong sell” rating to a “hold” rating in a report on Wednesday. ValuEngine raised shares of The Greenbrier Companies from a “sell” rating to a “hold” rating in a report on Thursday, October 1st. BidaskClub downgraded shares of The Greenbrier Companies from a “strong-buy” rating to a “buy” rating in a report on Wednesday. Finally, Wells Fargo & Company raised shares of The Greenbrier Companies from an “underweight” rating to an “overweight” rating and set a $40.00 price objective for the company in a report on Monday, December 14th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $32.00.

The Greenbrier Companies Company Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Wheels, Repair & Parts; and Leasing & Services. The Manufacturing segment offers conventional railcars, such as covered hopper cars, boxcars, center partition cars, and bulkhead flat cars; tank cars; double-stack intermodal railcars; auto-max and multi-max products for the transportation of light vehicles; pressurized tank cars, non-pressurized tank cars, flat cars, coil cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels.

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Earnings History for The Greenbrier Companies (NYSE:GBX)

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