Greenbrier Reports First Quarter Results
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Greenbrier Cos. (GBX) Reports Q1 EPS of $0.54, Revenues Beat; Offers FY19 Revenue Outlook Above Consensus
January 9, 2019 6:07 AM ESTGreenbrier Cos. (NYSE: GBX) reported Q1 EPS of $0.54, versus $0.83 reported last year. Revenue for the quarter came in at $604.5 million versus the consensus estimate of $561.32 million.
Net earnings attributable to Greenbrier for the quarter were $18.0 million, or $0.54 per diluted share, on revenue of $604.5 million. Adjusted EBITDA for the quarter was $57.6 million, or 9.5% of revenue.New railcar deliveries totaled 4,500 units for the quarter.Diversified orders for 5,400 railcars were received during the quarter, valued at $560 million. Book-to-bill of 1.2x for the... More