Railroad freight car equipment provider The Greenbrier Companies (NYSE:GBX) is slated to announce second quarter numbers before the opening bell on Monday.
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Earlier, the company announced preliminary numbers for the quarter. It had received 4,500 new railcar orders aggregating to about $580 million in value, during the period. For Q2, the company expects revenue at $1.1 billion alongside GAAP EPS in the range of $0.95 and $1.
Analysts expect GBS to post a Non-GAAP EPS of $0.61 for the period. In the past four quarters, the company has delivered better than expected bottom line about 50% of the time.
GBX shares have corrected about 28.4% over the past year and its price-to-earnings multiple still remains elevated at about 53.1 at present.
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