Shares of rail transportation company Greenbrier (NYSE:GBX)
jumped 19% in the afternoon session after the company posted much stronger-than-expected results for its fiscal third quarter and raised its profitability guidance for the full year. The railcar manufacturer reported quarterly earnings of $1.86 per share, handily beating analyst estimates of 98 cents. Sales also beat by a decent margin. The company achieved an aggregate gross margin of 18%, marking the seventh consecutive quarter it has met or exceeded its mid-teens target. Buoyed by the strong performance, Greenbrier raised its full-year guidance for both gross margin and operating margin. The company also highlighted new railcar orders for 3,900 units, valued at over $500 million, and a robust backlog of 18,900 units worth $2.5 billion. Additionally, the board declared its 45th consecutive quarterly dividend and noted ongoing share repurchases.
Rail transportation company Greenbrier (NYSE:GBX) announced better-than-expected revenue in Q2 CY2025, with sales up 2.7% year on year to $842.7 million. The company’s full-year revenue guidance of $3.25 billion at the midpoint came in 1.1% above analysts’ estimates. Its non-GAAP profit of $1.86 per share was 88.8% above analysts’ consensus estimates.
Shares of The Greenbrier Companies, Inc. (NYSE: GBX) rose sharply in today's pre-market trading after the company posted stronger-than-expected results for the third quarter. The company posted quarterly earnings of $1.86 per share, beating market estimates of 98 cents per share.
Its net earnings for the quarter ended May 31 rose to $60 million, or $1.86 per share, compared with $33.9 million, or $1.06 per share, in the year-ago quarter.
Rail transportation company Greenbrier (NYSE:GBX) announced better-than-expected revenue in Q2 CY2025, with sales up 2.7% year on year to $842.7 million. The company’s full-year revenue guidance of $3.25 billion at the midpoint came in 1.1% above analysts’ estimates. Its non-GAAP profit of $1.86 per share was 88.8% above analysts’ consensus estimates.
As the regular session of the US market concludes on Tuesday, let's get an insight into the after-hours session and identify the stocks leading the pack in terms of gains and losses.
