The Greenbrier Companies, Inc. (GBX) reported that its third quarter net earnings attributable to company increased to $33.9 million or $1.06 per share from $21.3 million or $0.64 per share, last year. On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $1.14, for the quarter. Analysts' estimates typically exclude special items.
Revenue declined to $820.2 million from $1.04 billion, last year. Analysts on average had estimated $928.73 million in revenue.
For fiscal 2024, the company now expects: deliveries of 23,500 - 24,000 units, including approximately 1,400 units in Brazil; and revenue of $3.5 billion - $3.6 billion. Previously, the company projected: deliveries of 23,500 - 25,000 units, including approximately 1,400 units in Brazil; and revenue of $3.5 billion - $3.7 billion.
Shares of Greenbrier are down 5% in pre-market trade on Monday.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.