Greenbrier Likely To Report Lower Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
The Greenbrier Companies, Inc. (NYSE:GBX) is anticipated to report lower earnings for Q2, with expectations set at 86 cents per share compared to 99 cents in the previous year. Revenue is projected at $843.28 million. Despite a positive performance in Q1, GBX shares dropped 3.8% recently. Analysts from B of A Securities, Wells Fargo, and Stephens & Co. have provided varied ratings and price targets for GBX, reflecting differing outlooks on the company's future performance.
April 05, 2024 | 4:50 am
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Greenbrier is expected to report lower Q2 earnings and has recently seen a 3.8% drop in share price. Analyst ratings and price targets vary, indicating differing views on the company's future.
The expected decrease in earnings per share (EPS) for Q2 and the recent drop in share price suggest a negative short-term impact. Analysts' mixed ratings and adjustments in price targets reflect uncertainty and varied expectations, which could influence investor sentiment and stock performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100