Greenbrier Cos. (GBX) Tops Q3 EPS by 42c ; Offers Guidance

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Greenbrier Cos. (GBX) surges on earnings, revenue beat

June 29, 2023 10:32 AM EDT

Shares of transportation manufacturing firm Greenbrier Cos. (NYSE: GBX) surged more than 24% Thursday on the back of its impressive third-quarter earnings release.

The company posted third-quarter earnings of $1.02 per share, $0.42 better than the analyst estimate of $0.60, while revenue for the quarter came in at $1 billion versus the consensus estimate of $896.25 million.

GBX revealed that it received new... More