• Thu, Jan. 12, 1:31 PM
    • TrendCharts updates on Greenbrier (GBX -2.7%) after recommending the stock earlier this month in a Seeking Alpha article.
    • It's suggested that investors should hold shares, despite the recent rally. TrendCharts maintains its six-month price target of $62.50.
    • TrendCharts sold out of the GBX calls mentioned in the January 7th article at a +160% profit
    • Greenbrier reached a 52-week high of $49.00 yesterday.
    Thu, Jan. 12, 1:31 PM | 3 Comments
  • Fri, Jan. 6, 12:49 PM
    Fri, Jan. 6, 12:49 PM | 12 Comments
  • Fri, Jan. 6, 6:29 AM
    • Greenbrier (NYSE:GBX) reports Manufacturing revenue declined 35% to $454.03M in FQ1.
    • Wheels & Parts revenue slipped 11.6% to $69.64M.
    • Leasing & Services revenue grew 14.6% to $28.65M.
    • Gross margin rate rose 30 bps to 20.4%.
    • SG&A expense rate expanded 290 bps to 7.5%.
    • Operating margin rate squeezed 530 bps to 13.2%.
    • New rail car deliveries -13% Q/Q to 4,000 units.
    • New railcar manufacturing backlog was 25.8K units valued at $2.97B at quarter's end, vs. 27.5K units valued at $3.19B as of Aug. 31.
    • FY2017 Guidance: Deliveries: ~14,000 to 16,000 units; Revenues: $2B to $2.4B; Diluted EPS: $3.25 to $3.75.
    Fri, Jan. 6, 6:29 AM
  • Fri, Jan. 6, 6:23 AM
    • Greenbrier (NYSE:GBX) declares $0.21/share quarterly dividend, in line with previous.
    • Forward yield 2.09%
    • Payable Feb. 16; for shareholders of record Jan. 26; ex-div Jan. 24.
    Fri, Jan. 6, 6:23 AM
  • Fri, Jan. 6, 6:01 AM
    • Greenbrier (NYSE:GBX): FQ1 EPS of $0.79 misses by $0.04.
    • Revenue of $552.3M (-31.2% Y/Y) beats by $62.91M.
    • Press Release
    Fri, Jan. 6, 6:01 AM
  • Thu, Jan. 5, 5:30 PM
  • Oct. 25, 2016, 9:19 AM
    • Greenbrier (NYSE:GBX) declares $0.21/share quarterly dividend, in line with previous.
    • Forward yield 2.33%
    • Payable Dec. 1; for shareholders of record Nov. 10; ex-div Nov. 8.
    Oct. 25, 2016, 9:19 AM
  • Oct. 25, 2016, 9:15 AM
    • Greenbrier (NYSE:GBX) reports Manufacturing revenue fell 26.3% to $484.65M in FQ4,
    • Wheels & Parts revenue down 11.6% to $74.79M.
    • Leasing & Services revenue rose 52.7% to $35.75M.
    • Gross margin rate declined 270 bps to 22.8%.
    • SG&A expense rate increased 160 bps to 6.8%.
    • Operating margin rate slipped 370 bps to 14%.
    • New rail car deliveries +7% Q/Q to 4,600 units.
    • New railcar manufacturing backlog was 27.5K units valued at $3.19B at quarter's end, vs. 31.2K units valued at $3.6B as of May. 31.
    • FY2017 Guidance: Deliveries: ~14,000 to 16,000 units; Revenues: $2B to $2.4B; Diluted EPS: $3.25 to $3.75.
    Oct. 25, 2016, 9:15 AM | 8 Comments
  • Oct. 25, 2016, 6:05 AM
    • Greenbrier (NYSE:GBX): FQ4 EPS of $1.06 misses by $0.08.
    • Revenue of $595.2M (-22.2% Y/Y) misses by $24.23M.
    • Press Release
    Oct. 25, 2016, 6:05 AM | 4 Comments
  • Oct. 24, 2016, 5:30 PM
    Oct. 24, 2016, 5:30 PM | 28 Comments
  • Sep. 30, 2016, 8:09 AM
    • Shares of Greenbrier Companies (NYSE:GBX) are on watch after CLSA starts off coverage on the railroad stock with an Underperform rating.
    • The investment firm sets a price target of $35.
    • Shares of GBX are up 7.6% YTD and sit near their 2016 high
    Sep. 30, 2016, 8:09 AM | 8 Comments
  • Jul. 23, 2016, 8:25 AM
    • General Electric (NYSE:GE) was yesterday's biggest laggard among Dow stocks, sinking 1.6% after reporting a 2% drop in orders for Q2, with industrial orders - GE’s jet engines, power turbines, oil production equipment, et. al. - plunging 16% amid weakness in oil and gas prices that hurt demand.
    • "The texture of this quarter is very similar to the two most recent quarters, with exceptionally weak orders,” says Morgan Stanley's Nigel Coe, who rates GE at Equal Weight with a $32 price target.
    • GE's total Q2 revenues rose 15% Y/Y to $33.5B, but organic industrial sales excluding the Alstom acquisition fell 1%; GE needs to meet its own expectations for a substantial upturn in organic trends in H2 in an "extremely challenging" environment, Coe says.
    • "Those are capital intensive purchases and if those get pushed out even just a little bit" it could weaken GE's performance, says Edward Jones analyst Jeff Windau.
    • Andrew Elofson at Davidson Investment Advisors takes the long view, seeing Q2 as "a speed bump on the path to their transformation” and not really looking at whether GE can hit its 5% organic sales growth target for H2.
    • But Standpoint Research’s Ronnie Moas responded to the Q2 results by slapping a Sell rating on GE with a $26 price target, seeing no reason to own the shares that trade at more than 20x 2016 EPS estimates while "dozens" of mid-cap names with room to grow trade at or below 10x earnings - such as YRCW, TGI, AVH, GBX, ARII, CBI, UAL, SPR and ACM.
    Jul. 23, 2016, 8:25 AM | 11 Comments
  • Jul. 18, 2016, 6:34 AM
    • Greenbrier (NYSE:GBX) announces its plan to redeem remaining 2.375% Convertible Senior Notes due 2026 on Aug. 18, 2016 at 100% of the principal amount plus accrued and unpaid interest.
    • If the Article XII of the Indentures are met, notes may be converted to common stock at a conversion rate of 21.2958 of common stock for every $1000 of principal amount prior to 5:00 p.m. ET on Aug. 16, 2016.
    • Aggregate purchase price of ~$870K excl. accrued interest, if none of the notes are converted.
    • U.S. Bank National Association – Paying and conversion agent
    Jul. 18, 2016, 6:34 AM | 4 Comments
  • Jul. 6, 2016, 5:57 PM
    • Greenbrier (NYSE:GBX) tumbled more than 9% in today's trade despite beating FQ3 earnings expectations, as the company lowered its forecast for full-year earnings and railcar deliveries.
    • GBX now sees FY 2016 EPS of $5.70-$5.90 from its April outlook for $5.70-$6.10 vs. $5.79 analyst consensus estimate, on revenues of ~$2.8B from exceeding $2.8B vs. $2.73B consensus; GBX also cut its forecast for railcar deliveries to 20K-21K from 20-22K, raising shareholder concerns about demand next year.
    • U.S. railroads are struggling with reduced cargo volume of commodities such as coal and sand used in oil drilling, leading to a drop in demand for new rail cars; the Association of American Railroads says cargo fell 6.5% for large U.S. railroads during Q1 with the decline worsening in Q2.
    Jul. 6, 2016, 5:57 PM
  • Jul. 6, 2016, 6:20 AM
    • Greenbrier (NYSE:GBX) reports Manufacturing revenue declined 22.7% to $458.49M in FQ3,
    • Wheels & Parts revenue squeezed 19.5% to $78.42M.
    • Gross margin rate decreased 20 bps to 20.7%.
    • SG&A expense rate grew 70 bps to 7.1%.
    • Operating margin rate dropped 90 bps to 13.7%.
    • New rail car deliveries fell 4.4% Q/Q to 4,300 units.
    • New railcar manufacturing backlog was 31.2K units valued at $3.6B at quarter's end, vs. 34.1K units valued at $4B as of Feb. 29.
    • FY2016 Guidance: Deliveries: ~20,000 to 21,000 units; Revenues: ~$2.8B; Diluted EPS: $5.70 to $5.90.
    Jul. 6, 2016, 6:20 AM | 3 Comments
  • Jul. 6, 2016, 6:12 AM
    • Greenbrier (NYSE:GBX) declares $0.21/share quarterly dividend, 5% increase from prior dividend of $0.20.
    • Forward yield 2.92%
    • Payable Aug. 10; for shareholders of record July 20; ex-div July 18.
    Jul. 6, 2016, 6:12 AM