Footprint Reduction And Cost Optimization Are Key To Greenbrier Companies' Increased EPS In FY25: Analyst
Portfolio Pulse from Nabaparna Bhattacharya
KeyBanc Capital Markets analyst Steve Barger reiterated the Sector Weight rating on Greenbrier Companies (NYSE:GBX), following a strong 3Q report and a solid preliminary 4Q order book. Barger expects more orders for GBX as the quarter progresses, reversing the trend of backlog declines. The analyst is also optimistic about easing supply chain constraints and cost-saving initiatives contributing to margin expansion. Barger raised EPS estimates for FY23, FY24, and FY25, and remains optimistic about GBX's progress towards its cost optimization goal.
July 05, 2023 | 6:59 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Greenbrier Companies' strong 3Q report and solid preliminary 4Q order book, along with easing supply chain constraints and cost-saving initiatives, have led to a positive outlook from KeyBanc analyst Steve Barger. The analyst raised EPS estimates for FY23, FY24, and FY25.
The analyst's positive outlook and raised EPS estimates for Greenbrier Companies are based on the company's strong 3Q report, solid preliminary 4Q order book, and expected easing of supply chain constraints. These factors, along with the company's cost-saving initiatives, are expected to contribute to margin expansion and a reversal of the trend of backlog declines.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100