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Greenbrier Companies Inc (GBX.N)

GBX.N on New York Stock Exchange

28.57USD
22 Jul 2019
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$0.45 (+1.60%)
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Latest Key Developments (Source: Significant Developments)

Greenbrier Reports Q3 Results
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Greenbrier Companies Inc ::GREENBRIER REPORTS THIRD QUARTER RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.89 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $0.46.Q3 REVENUE $856.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF $862.5 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $0.93 -- REFINITIV IBES DATA.SEES Q4 REVENUE $1.0 BILLION.ORDERS FOR 6,500 DIVERSIFIED RAILCARS WERE RECEIVED DURING QUARTER, VALUED AT $730 MILLION.NEW RAILCAR BACKLOG AS OF MAY 31, 2019 WAS 26,100 UNITS.GREENBRIER COMPANIES - "IN BRAZIL, LONG-DELAYED RAIL CONCESSION RENEWAL PROCESS NEGATIVELY AFFECTED OPERATIONS OF OUR JOINT VENTURE".GREENBRIER COMPANIES - BRAZIL OPERATIONS ARE BEING RIGHT-SIZED FOR CURRENT DEMAND ENVIRONMENT."PRICING AND MANUFACTURING PERFORMANCE IN EUROPE RESPONDED MORE SLOWLY THAN EXPECTED".SEES Q4 2019 DELIVERIES 7,000 UNITS - 8,000 UNITS.SEES Q4 2019 DILUTED EPS OF $1.30 - 1.50 EXCLUDING ANY ARI ACQUISITION COSTS OR OPERATIONAL BENEFITS.Q4 EARNINGS PER SHARE VIEW $1.90, REVENUE VIEW $1.10 BILLION -- REFINITIV IBES DATA.  Full Article

Adrian Downes Named Greenbrier CFO
Monday, 3 Jun 2019 

June 3 (Reuters) - Greenbrier Companies Inc ::ADRIAN DOWNES NAMED GREENBRIER CHIEF FINANCIAL OFFICER.GREENBRIER COMPANIES INC - PERMANENT APPOINTMENT FOLLOWS NINE-MONTH SERVICE AS ACTING CFO.  Full Article

Greenbrier Sees Q2 Earnings Per Share $0.07 To $0.09
Friday, 22 Mar 2019 

March 22 (Reuters) - Greenbrier Companies Inc ::GREENBRIER ANNOUNCES NEW RAILCAR ORDERS AND PRELIMINARY RESULTS FOR FISCAL SECOND QUARTER.SEES Q2 REVENUE ABOUT $650 MILLION.SEES Q2 EARNINGS PER SHARE $0.07 TO $0.09.GREENBRIER ANNOUNCES NEW RAILCAR ORDERS AND PRELIMINARY RESULTS FOR FISCAL SECOND QUARTER.ORDERS FOR 3,800 UNITS VALUED AT NEARLY $450 MILLION DURING FISCAL Q2.EXPECTS Q2 REVENUE OF APPROXIMATELY $650 MILLION AND UNADJUSTED EPS OF $0.07 TO $0.09 PER SHARE..Q2 UNADJUSTED EPS RANGE OF $0.07 TO $0.09 INCLUDES ONE-TIME CHARGES OF $0.14.REVIEWING ITS PREVIOUS ANNUAL FINANCIAL GUIDANCE.CHALLENGES IN ROMANIA, GUNDERSON AND RAILCAR REPAIR OPERATIONS IMPACTED Q2 RESULTS BY $0.29.  Full Article

Greenbrier Q1 Earnings Per Share $0.54
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - Greenbrier Companies Inc ::GREENBRIER REPORTS FIRST QUARTER RESULTS.Q1 EARNINGS PER SHARE $0.54.Q1 REVENUE $604.5 MILLION VERSUS REFINITIV IBES ESTIMATE OF $561.3 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.47 -- REFINITIV IBES DATA.AFFIRMS FY 2019 GUIDANCE.QTRLY NEW RAILCAR BACKLOG WAS 27,500 UNITS WITH AN ESTIMATED VALUE OF $2.7 BILLION.QTRLY ORDERS FOR 5,400 UNITS VALUED AT $560 MILLION.DIVERSIFIED ORDERS FOR 5,400 RAILCARS WERE RECEIVED DURING QUARTER.90% OF FISCAL 2019 PRODUCTION IS IN BACKLOG.BOARD EXTENDS SHARE REPURCHASE PROGRAM TWO YEARS UNTIL MARCH 2021 AND INCREASES AUTHORIZATION TO $100 MILLION.FY2019 EARNINGS PER SHARE VIEW $4.30, REVENUE VIEW $2.97 BILLION -- REFINITIV IBES DATA.  Full Article

Greenbrier And Saudi Railway Company Reach Agreement To Form Joint Venture
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Greenbrier Companies Inc ::GREENBRIER AND SAUDI RAILWAY COMPANY REACH AGREEMENT TO FORM JOINT VENTURE.GREENBRIER COMPANIES INC - TOTAL PROJECTED INVESTMENT OF 1 BILLION SAUDI RIYALS.GREENBRIER COMPANIES INC - TOTAL PROJECTED INVESTMENT OF 1 BILLION SAUDI RIYALS (USD $270 MILLION).GREENBRIER COMPANIES INC - JOINT VENTURE TO ESTABLISH A NEW MULTI-MODAL BUSINESS CENTERED ON RAIL.GREENBRIER COMPANIES INC - JOINT VENTURE TO ESTABLISH A NEW MULTI-MODAL BUSINESS CENTERED ON RAIL.GREENBRIER COMPANIES INC - JOINT VENTURE TO ESTABLISH A NEW MULTI-MODAL BUSINESS CENTERED ON RAIL.GREENBRIER COMPANIES INC - OBJECTIVES INCLUDE IMPROVED LIVABILITY THROUGH JOBS AND ENHANCED FREIGHT MOVEMENT.GREENBRIER COMPANIES INC - WILL HAVE A FIRST RIGHT TO MANUFACTURE AND PROVIDE RAILCARS FOR JV'S RAILCAR POOL.GREENBRIER COMPANIES INC - JV WILL OPERATE SIMILAR TO MODEL OF TTX IN NORTH AMERICA ON CAR SUPPLY, AND CAN EXPAND TO SERVE GCC NATIONS..GREENBRIER - BASED ON ACHIEVING IDENTIFIED MILESTONES, WILL PROVIDE JV UP TO $100 MILLION USD IN NEW RAILCARS, OTHER EQUIPMENT.GREENBRIER COMPANIES INC - WILL HAVE A FIRST RIGHT TO ESTABLISH A SAUDI-BASED MANUFACTURING/ASSEMBLY PRESENCE..GREENBRIER - WILL FACILITATE RAISING ADDITIONAL $170 MILLION WITH SAR AND INTERNATIONAL PUBLIC AND PRIVATE INVESTMENT COMMUNITIES.GREENBRIER COMPANIES INC - GREENBRIER AND SAR INTEND TO ESTABLISH A JV IN SAUDI ARABIA TO EXECUTE RAILWAY PROJECTS AND SUPPLY RAILCARS.  Full Article

Greenbrier Companies - Entered Into A Fourth Amended And Restated Credit Agreement - SEC Filing
Friday, 28 Sep 2018 

Sept 27 (Reuters) - Greenbrier Companies Inc ::GREENBRIER COMPANIES - ENTERED INTO A FOURTH AMENDED AND RESTATED CREDIT AGREEMENT - SEC FILING.GREENBRIER COMPANIES - AMENDED REVOLVING CREDIT FACILITY ALLOWS CO TO BORROW, ON A REVOLVING BASIS, UP TO $600.0 MILLION BASED ON CERTAIN AVAILABILITY.  Full Article

Greenbrier Promotes Lorie Tekorius To Chief Operating Officer
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - Greenbrier Companies Inc ::GREENBRIER PROMOTES LORIE TEKORIUS TO CHIEF OPERATING OFFICER.GREENBRIER COMPANIES INC - ADRIAN DOWNES HAS BEEN PROMOTED TO ACTING CFO.GREENBRIER COMPANIES - CFO TEKORIUS APPOINTED EVP AND COO BY BOARD.  Full Article

Gunderson Marine, Overseas Shipholding Group Announce New Vessel Build
Wednesday, 1 Aug 2018 

July 31 (Reuters) - Greenbrier Companies Inc ::GUNDERSON MARINE AND OVERSEAS SHIPHOLDING GROUP, INC. ANNOUNCE MAJOR NEW VESSEL BUILD.GREENBRIER COMPANIES - UNIT SIGNED BINDING CONTRACT WITH OVERSEAS SHIPHOLDING GROUP FOR CONSTRUCTION OF A 204,000 BARREL CAPACITY OIL & CHEMICAL TANK BARGE.  Full Article

Greenbrier Cos, Watco Cos In Discussions To Discontinue GBW Railcar Services Railcar Repair JV
Monday, 23 Jul 2018 

July 23 (Reuters) - Greenbrier Companies Inc ::GREENBRIER COMPANIES - CO, WATCO COMPANIES IN DISCUSSIONS CONCERNING PLAN TO DISCONTINUE GBW RAILCAR SERVICES RAILCAR REPAIR JV.GREENBRIER COMPANIES-UPON CONCLUSION, REPAIR SHOPS, EMPLOYEES WILL RETURN TO MANAGEMENT BY PREVIOUS OPERATORS - SEC FILING.GREENBRIER COMPANIES - JV PARTNERS EXPECT TO COMPLETE ARRANGEMENT TO EXIT GBW BY SEPT 1.  Full Article

Greenbrier Says Brian Comstock Named Executive Vice President, Sales And Marketing
Thursday, 19 Apr 2018 

April 18 (Reuters) - Greenbrier Companies Inc ::GREENBRIER ANNOUNCES EXECUTIVE PROMOTIONS.GREENBRIER COMPANIES INC - BRIAN COMSTOCK HAS BEEN NAMED EXECUTIVE VICE PRESIDENT, SALES AND MARKETING.GREENBRIER COMPANIES INC - OWEN WHITEHALL HAS BEEN PROMOTED TO EXECUTIVE VICE PRESIDENT, GMO NORTH AMERICAN OPERATIONS AND GLOBAL SOURCING.GREENBRIER COMPANIES INC - MARTIN GRAHAM ASSUMES EXPANDED ROLE OF EXECUTIVE VICE PRESIDENT, GMO INTERNATIONAL OPERATIONS AND GLOBAL ENGINEERING.  Full Article