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Greenbrier’s (NYSE:GBX) Q4: Beats On Revenue
Rail transportation company Greenbrier (NYSE:GBX) announced better-than-expected revenue in Q4 CY2024, with sales up 8.3% year on year to $875.9 million. On the other hand, the company’s full-year revenue guidance of $3.5 billion at the midpoint came in 1.2% below analysts’ estimates. Its GAAP profit of $1.70 per share was 47.2% above analysts’ consensus estimates.
SolarEdge (SEDG) Stock Trades Down, Here Is Why
Shares of solar power systems company SolarEdge (NASDAQ:SEDG) fell 13.1% in the afternoon session after Citi analyst Vikram Bagri downgraded the stock's rating from Hold to Sell and lowered the price target from $12 to $9. Bagri highlighted concerns over SEDG's "stubbornly high" operating expenses, despite recent restructuring efforts, including the elimination of 400 jobs.
Why Are eBay (EBAY) Shares Soaring Today
Shares of online marketplace eBay (NASDAQ:EBAY) jumped 12.9% in the morning session after the company revealed it is adding Facebook Marketplace to its listing channels. The rollout begins with sellers in the United States, Germany, and France, with plans to expand to more regions over time. This is a positive development for eBay as the listing should broaden its visibility and attract a new audience of buyers.