Greenbrier Reports First Quarter Results
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Go back to Greenbrier Reports First Quarter Results
January 9, 2017 9:04 AM EST
Stifel reiterated a Hold rating on Greenbrier Companies (NYSE: GBX), and raised the price target to $43.00 (from $33.00), following the company's 1Q earnings report. GBX reported EPS of $0.79, below the Street consensus estimate of $0.83. Management maintained its prior FY17 guidance, which calls for EPS of $3.25-$3.75 on deliveries of 14,000-16,000 units and revenue of $2.0-$2.4 billion.
Analyst Michael... More
January 6, 2017 6:02 AM EST
Greenbrier Cos. (NYSE: GBX) reported Q1 EPS of $0.79, $0.04 worse than the analyst estimate of $0.83. Revenue for the quarter came in at $552.3 million versus the consensus estimate of $489.39 million.
GUIDANCE:
Greenbrier Cos. sees FY2017 EPS of $3.25-$3.75, versus the consensus of $3.37. Deliveries will be approximately 14,000 16,000 units. Revenue will be $2.0 $2.4 billion.
William A. Furman, Chairman and CEO, said, "Greenbrier's fiscal 2017 is off to a strong start with solid financial performance delivered during a demanding first quarter. We had healthy manufacturing margins on lower deliveries,... More
