Greenbrier Cos. (GBX) Tops Q3 EPS by 21c; Guides In-Line

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Go back to Greenbrier Cos. (GBX) Tops Q3 EPS by 21c; Guides In-Line

Greenbrier Reports Third Quarter Results

June 29, 2017 6:00 AM EDT

LAKE OSWEGO, Ore., June 29, 2017 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE: GBX) today reported financial results for its third fiscal quarter ended May 31, 2017.

Third Quarter Highlights

Net earnings attributable to Greenbrier for the quarter were $32.8 million, or $1.03 per diluted share, on revenue of $439.2 million. Adjusted EBITDA for the quarter was $63.8 million, or 14.5% of revenue. Finalized three major strategic transactions: formed Greenbrier-Astra Rail; executed railcar services and supply agreement with Mitsubishi UFJ Lease & Finance (MUL); and increased stake... More