Greenbrier Companies Inc reports results for the quarter ended May 31 - Earnings Summary

• Greenbrier Companies Inc NYSE:GBX reported quarterly adjusted earnings of 60 cents​​ per share for the quarter ended May 31, lower than the same quarter last year, when the company reported EPS of $1.86. The mean expectation of three analysts for the quarter was for earnings of 60 cents per share. Wall Street expected results to range from 56 cents to 67 cents per share.

• Revenue fell 31.6% to $576.50 million from a year ago; analysts expected $612.69 million.

• Greenbrier Companies Inc's reported EPS for the quarter was 60 cents​.

• The company reported quarterly net income of $18.9 million.

• Greenbrier Companies Inc shares had held steady so far this quarter and gained 4.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 34.8% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the heavy machinery & vehicles peer group is "buy."

• Wall Street's median 12-month price target for Greenbrier Companies Inc is $43.00, about 11.3% below its last closing price of $47.88

This summary was machine generated from LSEG data July 1 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact )