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The Greenbrier Companies, Inc. - $GBX STOCK NEWS

Welcome to our dedicated page for The Greenbrier Companies news (Ticker: $GBX), a resource for investors and traders seeking the latest updates and insights on The Greenbrier Companies stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect The Greenbrier Companies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of The Greenbrier Companies's position in the market.

Rhea-AI Summary
Greenbrier Companies, Inc. reports a strong second fiscal quarter with $1.03 EPS, new railcar orders of 5,900 units valued at $690 million, and mid-teen gross margin at 14%. The company achieved a consolidated gross margin in the mid-teens for the second consecutive quarter, with steady lease fleet utilization of nearly 99%. Greenbrier also retired $48 million of 2024 convertible notes, declared a quarterly dividend of $0.30 per share, and updated guidance for fiscal 2024. The financial results indicate positive growth and financial stability for the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.45%
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Rhea-AI Summary
The Greenbrier Companies, Inc. (GBX) invites shareholders and interested parties to listen to its Q2 2024 financial results conference call on April 5, 2024, at 8:00 a.m. PDT. The webcast can be accessed on the Greenbrier website or via dial-in numbers provided in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
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Rhea-AI Summary
The Greenbrier Companies, Inc. (NYSE:GBX) will be presenting at the Stifel 2024 Transportation & Logistics Conference in Miami, Florida on February 13, 2024. The presentation will be webcast live and can be accessed on the Greenbrier website. Listeners can register to access the webcast and it will be archived for 90 days.
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Rhea-AI Sentiment
End-of-Day
0.9%
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conferences
Rhea-AI Summary
The Greenbrier Companies, Inc. (NYSE: GBX) announced a new business operations structure supporting its 'Better Together' strategy. The company also revealed planned changes in the CFO role and the completion of a succession plan for the leadership of its Legal function. The new structure organizes operations in The Americas and Europe, with Brian Comstock and William Glenn assuming responsibility for operations in their respective regions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.57%
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Rhea-AI Summary
The Greenbrier Companies, Inc. (NYSE: GBX) reported a GAAP EPS of $0.96 and a consolidated gross margin of 15% for the first fiscal quarter ended November 30, 2023. The company grew its lease fleet by 700 units to 14,100 units, received new railcar orders for 5,100 units valued at nearly $710 million, and delivered 5,700 units, resulting in a new railcar backlog of 29,700 units with an estimated value of $3.8 billion. Net earnings attributable to Greenbrier for the quarter were $31 million, or $0.96 per diluted share, on revenue of $809 million. The company also declared a quarterly dividend of $0.30 per share. Greenbrier expects deliveries of 22,500 – 25,000 units and revenue of $3.4 – $3.7 billion in fiscal 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.05%
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Rhea-AI Summary
The Greenbrier Companies, Inc. (NYSE:GBX) invites shareholders and interested parties to its Virtual Annual Shareholders Meeting on January 5, 2024, at 12:00 p.m. PST. Shareholders can attend virtually by logging in through the provided link or through their brokerage firm's website using the control number from their proxy card.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.36%
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none
Rhea-AI Summary
The Greenbrier Companies, Inc. (NYSE:GBX) is holding a financial results conference call for the first quarter ended November 30, 2023, on Friday, January 5, 2024, at 8:00 a.m. PST. Shareholders and interested parties can access the webcast at www.gbrx.com or dial in using the provided numbers. The webcast will be archived for 30 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.36%
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Rhea-AI Summary
Greenbrier Companies, Inc. (GBX) announced the completion of a follow-on offering of railcar asset-backed securities securing long-term financing for their leasing business. The Notes issued achieved an 'AA' and 'A' rating by S&P Global Ratings, marking a first for Greenbrier. The financing is structured to maintain a strong balance sheet while growing the lease fleet, supporting the goal of increasing recurring revenue.
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Rhea-AI Sentiment
End-of-Day
-2.74%
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Rhea-AI Summary
Greenbrier Companies, Inc. (NYSE: GBX) announced the release of its 2023 Environmental, Social and Governance (ESG) report, On Track Together. The report highlights the company's progress on its ESG agenda, including safety and quality achievements, diversity and inclusion initiatives, environmental sustainability projects, governance improvements, and community support. The report also outlines Greenbrier's alignment with the Task Force on Climate-related Financial Disclosures (TCFD) framework and its adherence to ESG disclosure frameworks such as TCFD, SASB, and UN SDGs. Greenbrier's pilot solar project in Mexico is projected to provide over 67,000 kW-hours per month.
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Rhea-AI Sentiment
End-of-Day
0.2%
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Rhea-AI Summary
GBX: The Greenbrier Companies to Present at 2023 Stephens Annual Investment Conference in Nashville, Tennessee. Webcast Available on www.gbrx.com
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.2%
Tags
conferences
The Greenbrier Companies, Inc.

NYSE:GBX

GBX Rankings

GBX Stock Data

1.61B
30.06M
3.24%
97.85%
6.11%
Heavy Duty Truck Manufacturing
Manufacturing
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United States of America
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About GBX

the greenbrier companies is a leading supplier of marine and rail transportation equipment and services, powering the movement of products around the world. greenbrier’s innovation and engineering expertise pairs with our capacity to build and repair transportation equipment. this allows us to provide an unrivaled level of service to our customers across the americas, europe and the countries of the gcc. with a railcar lease fleet of over 10,300 railcars, greenbrier also provides asset management services for nearly 400,000 railcars. our unique railcar leasing syndication platform brings us into contact with the world’s leading fixed asset investors. we have delivered over 21,000 railcars in a single year and maintain the capacity to produce over 35,000 railcars annually. learn more about greenbrier at www.gbrx.com.