Wall Street analysts forecast that Greenbrier Companies Inc (NYSE:GBX) will announce earnings of $0.96 per share for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Greenbrier Companies’ earnings, with the lowest EPS estimate coming in at $0.80 and the highest estimate coming in at $1.14. Greenbrier Companies reported earnings of $1.09 per share in the same quarter last year, which would suggest a negative year over year growth rate of 11.9%. The business is expected to issue its next earnings results on Wednesday, April 4th.
According to Zacks, analysts expect that Greenbrier Companies will report full-year earnings of $4.13 per share for the current year, with EPS estimates ranging from $3.90 to $4.30. For the next financial year, analysts anticipate that the firm will post earnings of $3.97 per share, with EPS estimates ranging from $3.30 to $4.45. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that follow Greenbrier Companies.
Greenbrier Companies (NYSE:GBX) last issued its earnings results on Friday, January 5th. The transportation company reported $0.90 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.88 by $0.02. The business had revenue of $559.50 million for the quarter, compared to analysts’ expectations of $591.05 million. Greenbrier Companies had a return on equity of 10.71% and a net margin of 5.39%. The company’s quarterly revenue was up 1.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.79 EPS.
In other news, EVP Alejandro Centurion sold 5,000 shares of Greenbrier Companies stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $52.00, for a total transaction of $260,000.00. Following the transaction, the executive vice president now owns 13,523 shares in the company, valued at $703,196. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.46% of the company’s stock.
Hedge funds have recently modified their holdings of the company. LSV Asset Management grew its holdings in shares of Greenbrier Companies by 33.9% during the fourth quarter. LSV Asset Management now owns 581,427 shares of the transportation company’s stock valued at $30,990,000 after buying an additional 147,300 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Greenbrier Companies by 1.2% in the third quarter. JPMorgan Chase & Co. now owns 291,016 shares of the transportation company’s stock valued at $14,086,000 after purchasing an additional 3,459 shares in the last quarter. Kalos Management Inc. grew its stake in Greenbrier Companies by 5.5% in the third quarter. Kalos Management Inc. now owns 50,727 shares of the transportation company’s stock valued at $2,442,000 after purchasing an additional 2,639 shares in the last quarter. James Investment Research Inc. grew its stake in Greenbrier Companies by 121.5% in the fourth quarter. James Investment Research Inc. now owns 79,933 shares of the transportation company’s stock valued at $4,260,000 after purchasing an additional 43,853 shares in the last quarter. Finally, Orca Investment Management LLC purchased a new position in Greenbrier Companies in the fourth quarter valued at about $1,599,000.
Shares of Greenbrier Companies (NYSE:GBX) traded down $0.25 during midday trading on Monday, hitting $51.60. The company had a trading volume of 194,441 shares, compared to its average volume of 432,503. The company has a quick ratio of 2.04, a current ratio of 2.96 and a debt-to-equity ratio of 0.47. The firm has a market cap of $1,490.00, a PE ratio of 13.98, a price-to-earnings-growth ratio of 1.32 and a beta of 1.57. Greenbrier Companies has a twelve month low of $40.45 and a twelve month high of $54.45.
The firm also recently declared a quarterly dividend, which was paid on Friday, February 16th. Stockholders of record on Friday, January 26th were issued a dividend of $0.23 per share. The ex-dividend date was Thursday, January 25th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.78%. Greenbrier Companies’s dividend payout ratio is 24.93%.
WARNING: This news story was posted by American Banking News and is the property of of American Banking News. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The original version of this news story can be read at https://www.americanbankingnews.com/2018/03/12/analysts-anticipate-greenbrier-companies-inc-gbx-to-post-0-96-earnings-per-share.html.
Greenbrier Companies Company Profile
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Greenbrier Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greenbrier Companies and related companies with MarketBeat.com's FREE daily email newsletter.