Greenbrier Cos. (NYSE: GBX) reported Q3 EPS of $1.12, $0.03 better than the analyst estimate of $1.09. Revenue for the quarter came in at $612.9 million versus the consensus estimate of $599.53 million.

• New railcar backlog as of May 31, 2016 was 31,200 units with an estimated value of $3.6 billion (average unit sale price of $116,000), compared to 34,100 units with an estimated value of $4.0 billion (average unit sale price of $116,000) as of February 29, 2016.
• Diversified orders for 1,700 new railcars were received during the quarter, valued at $150 million, or an average price of approximately $91,000 per railcar.
• New railcar deliveries totaled 4,300 units for the quarter, compared to 4,500 units for the quarter ended February 29, 2016.

GUIDANCE:

Greenbrier Cos. sees FY2016 EPS of $5.70-$5.90, versus the consensus of $5.88.

• Sees new railcar deliveries to be approximately 20,000 – 21,000 units

For earnings history and earnings-related data on Greenbrier Cos. (GBX) click here.