The 10-second takeaway
For the quarter ended May 31 (Q3), Greenbrier Companies whiffed on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue dropped. Non-GAAP earnings per share shrank significantly. GAAP earnings per share shrank to a loss.
Margins dropped across the board.
Greenbrier Companies tallied revenue of $433.7 million. The seven analysts polled by S&P Capital IQ foresaw net sales of $500.2 million on the same basis. GAAP reported sales were 15% lower than the prior-year quarter's $507.8 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 $0.50. The 13 earnings estimates compiled by S&P Capital IQ averaged $0.55 per share. Non-GAAP EPS of $0.50 for Q3 were 18% lower than the prior-year quarter's $0.61 per share. GAAP EPS were -$2.10 for Q3 versus $0.61 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 11.5%, 70 basis points worse than the prior-year quarter. Operating margin was 5.7%, 80 basis points worse than the prior-year quarter. Net margin was -12.9%, much worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $517.7 million. On the bottom line, the average EPS estimate is $0.59.
Next year's average estimate for revenue is $1.79 billion. The average EPS estimate is $1.93.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 202 members out of 225 rating the stock outperform, and 23 members rating it underperform. Among 68 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 62 give Greenbrier Companies a green thumbs-up, and six 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 $26.00.
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.