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Benzinga
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Greenbrier Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. GBX expects Q2 earnings of $1.78 per share, up from $1.03 last year. 2. Projected quarterly revenue is $898.53 million, exceeding last year's $862.7 million. 3. GBX announced a 7% increase in its quarterly dividend recently. 4. Shares fell 9.4% to $47.10 on Thursday before earnings release. 5. Analysts have mixed ratings, with updated price targets between $60 and $65.

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FAQ

Why Neutral?

While earnings are expected to rise, the decline in stock price indicates bearish sentiment. Historical patterns show post-earnings reactions can vary, impacting short-term trading.

How important is it?

The upcoming earnings and dividend increase can influence investor sentiment and trading volumes. However, the recent stock drop before earnings raises concerns.

Why Short Term?

The imminent earnings release will likely affect GBX's price in the coming days. Market sentiment often shifts based on immediate results rather than long-term projections in earnings cycles.

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