Greenbrier Cos. (GBX) Raises Quarterly Dividend 33.3% to $0.20; 2.2% Yield
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Greenbrier Reports Record Fourth Quarter Results
October 30, 2015 6:00 AM EDTLAKE OSWEGO, Ore., Oct. 30, 2015 /PRNewswire/ --Â The Greenbrier Companies, Inc. (NYSE: GBX) today reported financial results for its fourth fiscal quarter and full year ended August 31, 2015.
Fourth Quarter Highlights
Net earnings attributable to Greenbrier for the quarter were a record $66.9 million, or $2.02 per diluted share, on record revenue of $765.5 million. Adjusted EBITDA for the quarter was a record $147.6 million, or 19.3% of revenue. New railcar backlog as of August 31, 2015 was 41,300 units with an estimated value of $4.71 billion (average unit sale price of $114,000), compared to 45,100 units... More