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Stock Market & Financial Investment News

News Breaks
January 6, 2012
06:05 EDTGBX
theflyonthewall.com: Greenbrier CFO: Momentum from 2H of FY11 has carried over into Q1 of FY12
Based on current business trends, management anticipates that revenues, Adjusted EBITDA and EPS will be significantly higher in FY12, compared to FY11, with positive momentum continuing across all business segments and, in particular, the manufacturing segment. The company continues to expect that its new railcar deliveries will exceed 15,000 units for the year, as the new freight car market continues to show solid demand. In response to this increased demand, over the last several quarters the company has increased its production rates on existing production lines and its capacity at its facilities in Mexico. Currently, railcars are being produced on eight production lines in North America, with the flexibility, later in the year, to produce railcars on three additional lines. The company's European operations are also anticipated to continue to contribute to overall corporate profitability. :theflyonthewall.com



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May 21, 2012
10:02 EDTGBX
theflyonthewall.com: Greenbrier recent weakness is a buying opportunity, says Raymond James
Shares are Strong Buy rated. :theflyonthewall.com