Greenbrier Companies (NYSE:GBX) Announces Quarterly Earnings Results, Beats Expectations By $0.60 EPS

Greenbrier Companies (NYSE:GBXGet Free Report) released its quarterly earnings results on Wednesday. The transportation company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.32 by $0.60, Briefing.com reports. The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.05 billion. Greenbrier Companies had a net margin of 3.51% and a return on equity of 8.95%. Greenbrier Companies’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.92 EPS. Greenbrier Companies updated its FY 2025 guidance to EPS.

Greenbrier Companies Stock Performance

Shares of NYSE GBX traded up $1.12 during midday trading on Friday, reaching $61.15. 710,510 shares of the company traded hands, compared to its average volume of 324,638. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.73 and a quick ratio of 0.85. The stock has a 50-day moving average price of $49.58 and a 200 day moving average price of $49.93. Greenbrier Companies has a 52 week low of $32.20 and a 52 week high of $61.54. The company has a market cap of $1.90 billion, a price-to-earnings ratio of 16.01, a PEG ratio of 0.60 and a beta of 1.53.

Greenbrier Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 6th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend is Wednesday, November 6th. Greenbrier Companies’s dividend payout ratio (DPR) is 31.41%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Susquehanna increased their price objective on shares of Greenbrier Companies from $63.00 to $65.00 and gave the company a “positive” rating in a research note on Monday. StockNews.com cut shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Friday, August 23rd. Finally, Bank of America raised their target price on shares of Greenbrier Companies from $42.00 to $50.00 and gave the stock an “underperform” rating in a research report on Thursday. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $60.00.

Check Out Our Latest Stock Analysis on Greenbrier Companies

Insiders Place Their Bets

In other Greenbrier Companies news, SVP Laurie R. Dornan sold 5,935 shares of the business’s stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $50.92, for a total transaction of $302,210.20. Following the sale, the senior vice president now owns 23,226 shares in the company, valued at approximately $1,182,667.92. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.54% of the stock is owned by company insiders.

Greenbrier Companies Company Profile

(Get Free Report)

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; Maintenance Services; and Leasing & Management Services. The Manufacturing segment offers covered hopper cars, gondolas, open top hoppers, boxcars, center partition cars, tank cars, sustainable conversions, double-stack railcars, auto-max ii, multi-max, and multi-max plus products, intermodal cars, automobile transport, coil steel and metals, flat cars, sliding wall cars, pressurized tank cars, and non-pressurized tank cars.

See Also

Earnings History for Greenbrier Companies (NYSE:GBX)

Receive News & Ratings for Greenbrier Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greenbrier Companies and related companies with MarketBeat.com's FREE daily email newsletter.