Railroad freight car equipment provider The Greenbrier Companies (NYSE:GBX) is slated to announce second quarter numbers before the opening bell on Monday.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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.
Read full Disclosure