The 10-second takeaway
For the quarter ended Feb. 28 (Q2), Greenbrier Companies missed estimates on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped. GAAP earnings per share dropped significantly.
Gross margins grew, operating margins dropped, net margins dropped.
Greenbrier Companies reported revenue of $423.2 million. The 11 analysts polled by S&P Capital IQ predicted revenue of $448.1 million on the same basis. GAAP reported sales were 7.6% lower than the prior-year quarter's $458.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.45. The 13 earnings estimates compiled by S&P Capital IQ anticipated $0.37 per share. GAAP EPS of $0.45 for Q2 were 21% lower than the prior-year quarter's $0.57 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 11.4%, 20 basis points better than the prior-year quarter. Operating margin was 5.5%, 30 basis points worse than the prior-year quarter. Net margin was 3.3%, 60 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $504.6 million. On the bottom line, the average EPS estimate is $0.57.
Next year's average estimate for revenue is $1.89 billion. The average EPS estimate is $1.94.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 199 members out of 222 rating the stock outperform, and 23 members rating it underperform. Among 66 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 58 give Greenbrier Companies a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Greenbrier Companies is outperform, with an average price target of $19.63.
Is Greenbrier Companies the right retailer for your portfolio? Learn how to maximize your investment income and ""Secure Your Future With 9 Rock-Solid Dividend Stocks,"" including one above-average retailing powerhouse. Click here for instant access to this free report.
- Add Greenbrier Companies to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.