Greenbrier Likely To Report Lower Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Earnings Results - Greenbrier Companies, Inc. is set to release its third-quarter earnings results on July 1, with analysts expecting earnings of 99 cents per share, a decrease from $1.06 per share in the same period last year [1] - The projected quarterly revenue is $785.72 million, down from $820.2 million a year earlier [1] Board of Directors - On June 23, Greenbrier elected Stevan Bobb and Jeffrey Songer to its Board of Directors [2] - Following this announcement, Greenbrier shares increased by 2.2%, closing at $46.25 [2] Analyst Ratings - Susquehanna analyst Bascome Majors maintained a Positive rating but reduced the price target from $75 to $52 [4] - B of A Securities analyst Ken Hoexter kept an Underperform rating and raised the price target from $60 to $62 [4] - Stephens & Co. analyst Justin Long maintained an Overweight rating and increased the price target from $62 to $65 [4]