Greenbrier Companies (GBX) Set to Announce Quarterly Earnings on Thursday

Greenbrier Companies (NYSE:GBX) is set to announce its earnings results before the market opens on Thursday, January 4th. Greenbrier Companies has set its FY18 guidance at $4.00 EPS.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings results on Friday, October 27th. The transportation company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.23. The business had revenue of $611.40 million during the quarter, compared to analyst estimates of $647.98 million. Greenbrier Companies had a return on equity of 10.75% and a net margin of 5.35%. Greenbrier Companies’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.06 EPS. On average, analysts expect Greenbrier Companies to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Greenbrier Companies (NYSE:GBX) opened at $53.70 on Thursday. The company has a market capitalization of $1,518.26, a P/E ratio of 14.67, a price-to-earnings-growth ratio of 1.40 and a beta of 1.97. The company has a current ratio of 3.10, a quick ratio of 2.15 and a debt-to-equity ratio of 0.47. Greenbrier Companies has a 52-week low of $39.10 and a 52-week high of $53.95.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 6th. Shareholders of record on Wednesday, November 15th were given a dividend of $0.23 per share. This is a positive change from Greenbrier Companies’s previous quarterly dividend of $0.22. The ex-dividend date was Tuesday, November 14th. This represents a $0.92 dividend on an annualized basis and a yield of 1.71%. Greenbrier Companies’s dividend payout ratio is presently 25.14%.

In other news, CEO William A. Furman sold 95,700 shares of the stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $46.91, for a total value of $4,489,287.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Alejandro Centurion sold 5,500 shares of the stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $52.21, for a total value of $287,155.00. Following the completion of the transaction, the executive vice president now directly owns 19,593 shares of the company’s stock, valued at approximately $1,022,950.53. The disclosure for this sale can be found here. Insiders sold a total of 284,830 shares of company stock valued at $13,596,712 in the last three months. Corporate insiders own 2.46% of the company’s stock.

A number of research analysts have commented on GBX shares. ValuEngine raised Greenbrier Companies from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Zacks Investment Research lowered Greenbrier Companies from a “buy” rating to a “hold” rating in a research report on Friday, September 15th. Stifel Nicolaus reaffirmed a “buy” rating and set a $60.00 price target (up previously from $51.00) on shares of Greenbrier Companies in a research report on Thursday, October 5th. Cowen reaffirmed an “outperform” rating and set a $58.00 price target (up previously from $57.00) on shares of Greenbrier Companies in a research report on Thursday, October 5th. Finally, Buckingham Research upped their price target on Greenbrier Companies from $45.00 to $53.00 and gave the company a “neutral” rating in a research report on Thursday, October 5th. Three analysts have rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Greenbrier Companies presently has a consensus rating of “Buy” and an average target price of $53.57.

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About Greenbrier Companies

The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.

Earnings History for Greenbrier Companies (NYSE:GBX)

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