Greenbrier Q1 2024 Adj. EPS $0.96 Beats $0.73 Estimate, Revenue $808.8M Misses $849.944M Estimate
Portfolio Pulse from Benzinga Newsdesk
Greenbrier reported Q1 2024 adjusted earnings per share (EPS) of $0.96, surpassing the $0.73 estimate. However, their revenue of $808.8M fell short of the expected $849.944M.
January 05, 2024 | 1:33 pm
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NEUTRAL IMPACT
Greenbrier's Q1 2024 adjusted EPS outperformed expectations, while revenue underperformed against estimates.
The mixed results with a positive EPS surprise and a revenue miss could lead to neutral market sentiment in the short term. Investors may weigh the strong profit against the revenue shortfall, leading to uncertain price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100