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GBX / Greenbrier's stock set to rally after swinging to a big profit beat, as Ukraine tragedy leads to rail freight growth

Shares of Greenbrier Companies Inc. GBX, -5.21% were indicated up a little more than 1% in premarket trading Wednesday, freight railcar and marine barge maker swung to fiscal second-quarter profit that was double what was expected and reported revenue that more than doubled, as Russia's invasion of Ukraine has led to growth in rail freight. Net income for the quarter to Feb. 28 was $12.8 million, or 38 cents a share, after a loss of $9.1 million, or 28 cents a share, in the year-ago period. Read More

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Greenbrier

Stock

Rally

After

Swinging

Profit

Beat

Ukraine

Greenbrier s

Tragedy

Freight

Growth

GBX

Posted: Apr 6 2022, 06:16

Author Name: Market Watch

GBX News

By Zacks Investment Research
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Investors Heavily Search Greenbrier Companies, Inc. (The) (GBX): Here is What You Need to Know

Greenbrier (GBX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

By Zacks Investment Research
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Best Value Stocks to Buy for October 30th

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By Zacks Investment Research
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Greenbrier (GBX) Upgraded to Strong Buy: What Does It Mean for the Stock?

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Are Transportation Stocks Lagging The Greenbrier Companies (GBX) This Year?

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By Zacks Investment Research
October 19, 2023

Greenbrier Companies (GBX) Suffers a Larger Drop Than the General Market: Key Insights

The latest trading day saw Greenbrier Companies (GBX) settling at $40.63, representing a -1.46% change from its previous close.

By Zacks Investment Research
October 9, 2023

Greenbrier Companies (GBX) Beats Stock Market Upswing: What Investors Need to Know

Greenbrier Companies (GBX) reachead $39.92 at the closing of the latest trading day, reflecting a +1.27% change compared to its last close.

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