Greenbrier Reports First Quarter Results
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Greenbrier Cos. (GBX) Declares $0.23 Quarterly Dividend; 1.7% Yield
January 5, 2018 6:06 AM ESTGreenbrier Cos. (NYSE: GBX) declared a quarterly dividend of $0.23 per share, or $0.92 annualized.
The dividend will be payable on February 13, 2018, to stockholders of record on January 26, 2018, with an ex-dividend date of January 25, 2018.
The annual yield on the dividend is 1.7 percent.
For a... More
Greenbrier Cos. (GBX) Misses Q1 EPS by 4c
January 5, 2018 6:04 AM ESTGreenbrier Cos. (NYSE: GBX) reported Q1 EPS of $0.90, ex-items, $0.04 worse than the analyst estimate of $0.94. Revenue for the quarter came in at $559.54 million versus the consensus estimate of $595.29 million.
Net earnings attributable to Greenbrier for the quarter were $26.3 million, or $0.83 per diluted share, on revenue of $559.5 million. Quarterly results included $3.4 million ($2.3 million after-tax or $0.07 per diluted share) of expense related to resolution of litigation in a foreign jurisdiction. Additionally, the tax rate for the quarter was 33.3% attributable to discrete items and the geographic mix of earnings. Compared to the... More