Earnings Outlook for Greenbrier Companies
Greenbrier Companies (NYSE: GBX) announces its next round of earnings this Friday, October 23. Here is Benzinga's everything-that-matters guide for this Friday's Q4 earnings announcement.
What Are Earnings, Net Income, And Earnings Per Share?
Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.
Earnings And Revenue
Greenbrier Companies earnings will be near $0.3 per share on sales of $603.18 million, according to analysts. Greenbrier Companies EPS in the same period a year ago totaled $1.31. Sales were $914.25 million.
Why Analyst Estimates And Earnings Surprises Are Important
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
The analyst consensus estimate would represent a 77.1% decrease in the company's earnings. Revenue would be down 34.02% on a year-over-year basis. Here is how the Greenbrier Companies's reported EPS has stacked up against analyst estimates in the past:
EPS Estimate | 0.14 | 0.29 | 0.43 | 1.38 |
EPS Actual | 1.05 | 0.46 | 0.30 | 1.31 |
Revenue Estimate | 616.06 M | 798.97 M | 748.17 M | 959.94 M |
Revenue Actual | 762.56 M | 623.85 M | 769.36 M | 914.25 M |
Stock Performance
Shares of Greenbrier Companies were trading at $32.27 as of October 21. Over the last 52-week period, shares are up 3.44%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Greenbrier Companies is scheduled to hold the call at 11:00:00 ET and can be accessed here.
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