Greenbrier Earnings: Here’s Why Shareholders Are Smiling

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Greenbrier Companies (NYSE:GBX) delivered a profit and topped Wall Street’s revenue expectations. The revenue beat is a positive sign to shareholders as shares are up 1.62%.

Earnings season is back and more important than ever. Get our newest CHEAT SHEET stock picks now.

Greenbrier Companies Earnings Cheat Sheet

Results: Net income decreased -28.37% to $10.4 million (35 cents per diluted share) in the quarter versus a net gain of $14.52 million in the year-earlier quarter.

Revenue: Rose 4.32% to $415.4 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Greenbrier Companies reported adjusted net income of 35 cents per share. By that measure, the company missed the mean analyst estimate of $0.36. It beat the average revenue estimate of $400.42 million…

Save time and make money with our LOWEST ADVERTISED PRICE EVER to help you achieve your financial goals in 2013. This is a LIMITED TIME OFFER, so get your Stock Picker Newsletter now!

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business