Understanding Greenbrier Companies's Q3 2024 Financial Results: Earnings Insights and Analysis
Sep 5, 2024 09:45Greenbrier Companies's Key Indicators in Earnings Report of Q3 2024
In the latest earnings report released by Greenbrier Companies, the following financial data are worthy of attention.
Actual Value | Estimated Value | YoY Change | |
|---|---|---|---|
Revenue | US$820.200M | US$920.901M | -20.99% |
Net Profit | US$40.600M | - | +52.06% |
EPS | 1.060 | 1.130 | +65.62% |
Gross Margin | 15.09% | - | +22.32% |
Net Margin | 4.95% | - | +92.46% |
Greenbrier Companies Q3 2024 Earnings Call Transcript
Greenbrier Companies Q3 2024 Financial Performance
- Q3 2024 revenue was $820 million.
- EBITDA reached $104 million, 13% of revenue, and diluted EPS was $1.06.
Greenbrier Companies Q3 2024 Business Progress
- Launched ultra-high strength steel gondola and Multi-Max Plus for automobiles.
- Completed production line changeovers enhancing Q4 production.
Greenbrier Companies Q3 2024 Opportunity
- Innovations like ultra-high strength steel gondola expected to drive growth.
- Sees growth potential in international markets like Europe and Brazil.
Greenbrier Companies Q3 2024 Risk
- Needs careful monitoring of order performance to manage production rates.
- Operational shifts from line changeovers could impact short-term production.
Greenbrier Companies's Forecast By Third Party Analyst Rating of Q3 2024
- Third Party Analyst rating of Greenbrier Companies: Underperform
- Greenbrier Companies Target Price: US$42
- Greenbrier Companies EPS Forecast: US$1.290
- Greenbrier Companies Revenue Forecast: US$989.884M
- Greenbrier Companies EBIT Forecast: US$85.934M
For more information on what the analyst ratings may mean, visit https://pro.benzinga.com/blog/what-do-stock-analyst-ratings-mean/ (Benzinga is not affiliated with Moomoo Technologies Inc., Moomoo Financial Inc., or its affiliates.)
Greenbrier Companies's Institutional Ownership & Shareholders of Q3 2024
Holder | Shares Held | Shares Held (%) | Change (Shares) | Change (%) |
|---|---|---|---|---|
| BlackRock | 5,043,293 | 16.20% | -57,653 | -0.18% |
| The Vanguard | 3,532,520 | 11.35% | -23,161 | -0.07% |
| Dimensional Fund Advisors | 2,481,445 | 7.97% | -16,025 | -0.05% |
| State Street Global Advisors | 1,226,630 | 3.94% | -10,818 | -0.03% |
| American Beacon Advisors, Inc. | 971,556 | 3.12% | -47,868 | -0.15% |
| SG Capital Management LLC | 906,348 | 2.91% | 818,176 | +2.63% |
| Perpetual Limited | 852,640 | 2.74% | 63,894 | +0.21% |
| Hotchkis and Wiley Capital Management, LLC | 781,940 | 2.51% | -9,120 | -0.03% |
| Barrow, Hanley, Mewhinney & Strauss, LLC | 764,127 | 2.45% | -45,342 | -0.15% |
| American Century Investment Management | 733,367 | 2.35% | 188,858 | +0.61% |
The institutional holding data for Greenbrier Companies shows a mixed performance. Major institutional investors like BlackRock and Vanguard have reduced their holdings, indicating a cautious stance. However, significant increases in holdings by SG Capital Management LLC and American Century Investment Management suggest optimism about the future performance of Greenbrier Companies. Overall, while there is a general trend of reduction among most institutions, the increased investments by specific entities provide positive signals to the market.
How to Buy Greenbrier Companies Stocks？
Step 1: Opening a Brokerage Account
To start trading stocks, the initial step is to acquire a brokerage account. When choosing an online stock brokerage, there are two critical factors to consider: brokerage offerings and a user-friendly platform. Moomoo app would be helpful.
Step 2: Deciding how many shares to buy
To gain initial experience, it's wise to paper trade using a stock market simulator. Alternatively, start with a small investment amount.
Step 3: Buying stocks using the right order type
To master stock buying, it's essential to understand three critical order types: market orders, limit orders, and stop orders.
Step 4: Placing the stock order with your brokerage
Where can I find when companies are scheduled to report their earnings?
On the earnings calendar of moomoo app, there is a list available for you to view the companies that are reporting earnings today.
Where can I find more information about Greenbrier Companies's earnings reports?
On the moomoo app, you can find financial data, earnings call summaries, analyst ratings, announcement AI summaries, etc. for each company.
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