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Shares of Greenbrier Companies (NYSE:GBX) jumped more than 14% after the company reported better-than-expected Q2 earnings.
Quarterly Results
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Earnings per share rose 109.09% year over year to $0.46, which beat the estimate of $0.29.
Revenue of $623,848,000 less by 5.29% year over year, which missed the estimate of $798,970,000.
Looking Ahead
Greenbrier Companies hasn't issued any earnings guidance for the time being.
Greenbrier Companies hasn't issued any revenue guidance for the time being.
Conference Call Details
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Date: Jan 08, 2020
Time: 12:05 AM ET
Webcast URL: https://www.webcaster4.com/Webcast/Page/938/32697
Price Action
Company's 52-week high was at $36.41
Company's 52-week low was at $12.89
Price action over last quarter: down 41.93%
Company Profile
Greenbrier Companies Inc designs, manufactures and markets railroad freight car equipment in North America and Europe, marine barges in North America and provides wheel services, railcar refurbishment, and parts, leasing and other services to the railroad. Its segments include Manufacturing, Wheels, Repair and Parts, and Leasing and Services. The company generates a majority of its revenue from the manufacturing segment.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.