Greenbrier Cos. (GBX) Misses Q1 EPS by 4c; Reaffirms Outlook

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Go back to Greenbrier Cos. (GBX) Misses Q1 EPS by 4c; Reaffirms Outlook

Stifel Raises Price Target on Greenbrier Cos. (GBX) Following 1Q Report

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