Greenbrier Cos. (GBX) Tops Q3 EPS by 56c, Revenue Misses

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Greenbrier Reports Third Quarter Results

July 9, 2021 6:00 AM EDT

LAKE OSWEGO, Ore., July 9, 2021 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE: GBX) ("Greenbrier"), a leading international supplier of equipment and services to global freight transportation markets, today reported financial results for its third fiscal quarter ended May 31, 2021.

Third Quarter Highlights

New railcar orders for 3,800 units valued at $400 million and deliveries of 3,300 units, resulted in a 1.2x book-to-bill. This is the second consecutive quarter that book-to-bill exceeded 1.0x. Orders included intermodal units, tank cars, boxcars and covered hoppers. Diversified new railcar backlog as of May 31, 2021 was 24,800... More