Train maker Greenbrier’s stock rallies toward the best monthly performance in 14 years after a 2nd-straight blowout earnings report

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Shares of Greenbrier Companies Inc. gained 2.4% toward a 13-month high in afternoon trading Friday, to put them on track for the biggest monthly gain in 14...

Shares of Greenbrier Companies Inc. GBX gained 2.4% toward a 13-month high in afternoon trading Friday, to put them on track for the biggest monthly gain in 14 years in the wake of the railcar maker’s second-straight blowout earnings report. The stock had rocketed a record 31.8% on Thursday after the company reported fiscal third-quarter adjusted earnings per share of $1.02, or 71% above the FactSet consensus of 60 cents, which followed a 63% beat in the first quarter. Revenue jumped 31% to $1.

4% toward a 13-month high in afternoon trading Friday, to put them on track for the biggest monthly gain in 14 years in the wake of the railcar maker’s second-straight blowout earnings report. The stock had rocketed a record 31.8% on Thursday after the company reported fiscal third-quarter adjusted earnings per share of $1.02, or 71% above the FactSet consensus of 60 cents, which followed a 63% beat in the first quarter. Revenue jumped 31% to $1.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street is divided on its outlook for stocks in the 2nd halfWall Street can't agree on where stocks are headed in the 2nd half of the year
Source: BusinessInsider - 🏆 729. / 51 Read more »