Greenbrier Cos. (GBX) Misses Q4 EPS by 8c; Guides FY17

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Greenbrier Reports Fourth Quarter Results

October 25, 2016 6:00 AM EDT

LAKE OSWEGO, Ore., Oct. 25, 2016 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE: GBX) today reported financial results for its fourth fiscal quarter and full year ended August 31, 2016.

Fourth Quarter Highlights

Net earnings attributable to Greenbrier for the quarter were $33.6 million, or $1.06 per diluted share, on revenue of $595.2 million. Adjusted EBITDA for the quarter was $104.4 million, or 17.5% of revenue. Diversified orders for 2,300 new railcars were received during this quarter, valued at over $200 million, or an average price of approximately $87,000 per railcar. New railcar backlog as of... More