Greenbrier Likely To Report Lower Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

The Greenbrier Companies, Inc. GBX is scheduled to release earnings results for its second quarter, before the opening bell on April 5, 2024.

Analysts expect the Lake Oswego, Oregon-based company to report quarterly earnings at 86 cents per share, down from 99 cents per share in the year-ago period. Greenbrier is projected to post revenue of $843.28 million for the quarter, according to data from Benzinga Pro.

On Jan. 5, Greenbrier posted better-than-expected earnings for its first quarter.

Greenbrier shares fell 3.8% to close at $52.40 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• B of A Securities analyst Ken Hoexter maintained an Underperform rating and raised the price target from $40 to $42 on Sept. 22, 2023. This analyst has an accuracy rate of 70%.
• Wells Fargo analyst Allison Poliniak downgraded the stock from Overweight to Equal-Weight rating and cut the price target from $48 to $40 on Sept. 7, 2023. This analyst has an accuracy rate of 67%.
• Stephens & Co. analyst Justin Long maintained an Overweight rating and raised the price target from $36 to $38 on April 11, 2023. This analyst has an accuracy rate of 73%.

Read This Next: Over $1M Bet On This Industrial Stock? Check Out These 4 Stocks Insiders Are Buying