Greenbrier Boosts FY23 Revenue Forecast From $3.4B-$3.7B To $3.8B-$3.9B; Consensus $3.68B
Portfolio Pulse from Benzinga Newsdesk
Greenbrier Companies has increased its revenue forecast for FY23 from $3.4B-$3.7B to $3.8B-$3.9B, surpassing the consensus estimate of $3.68B.
June 29, 2023 | 10:05 am
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POSITIVE IMPACT
Greenbrier's raised revenue forecast for FY23 is likely to positively impact its stock price in the short term.
Greenbrier's raised revenue forecast for FY23 indicates a positive outlook for the company's financial performance. This is likely to be viewed favorably by investors, potentially leading to an increase in demand for the company's stock and a corresponding rise in its stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100