Greenbrier Cos. (GBX) Tops Q2 EPS by 25c

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Go back to Greenbrier Cos. (GBX) Tops Q2 EPS by 25c

Greenbrier Reports Second Quarter Results

April 5, 2017 6:01 AM EDT

LAKE OSWEGO, Ore., April 5, 2017 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE: GBX) today reported financial results for its second fiscal quarter ended February 28, 2017.

Second Quarter Highlights

Net earnings attributable to Greenbrier for the quarter were $34.5 million, or $1.09 per diluted share, on revenue of $566.3 million.  Adjusted EBITDA for the quarter was $94.5 million, or 16.7% of revenue. Strong balance sheet reflects over $900 million of total liquidity including issuance of $275 million of 2.875% convertible notes. Cash provided by operating activities totaled $52.9 million for the quarter. Diversified orders... More