Welcome to our dedicated page for Greenbrier Cos news (Ticker: GBX), a resource for investors and traders seeking the latest updates and insights on Greenbrier Cos stock.
The Greenbrier Companies, Inc. supplies equipment and services to global freight transportation markets, with operations in freight railcar manufacturing, leasing and fleet management. Through subsidiaries and joint ventures, Greenbrier designs, builds and markets freight railcars in North America, Europe and Brazil, and provides wheel services, parts, maintenance and retrofitting services in North America.
Greenbrier news commonly covers fiscal results, railcar order and delivery activity, lease fleet financing, railcar asset-backed securities, term-loan arrangements, quarterly dividends and investor-relations updates. Company announcements also address railcar management, regulatory compliance services and developments tied to freight rail industry demand.
The Greenbrier Companies reported Q1 FY21 financial results with revenue of $403 million, a decrease of 45% from the previous quarter. The net loss was $10 million, or $0.30 per share. Liquidity stands at $810 million, with a diversified backlog of 23,900 railcars valued at $2.35 billion. The adjusted EBITDA was $23 million, representing 5.8% of revenue. The board declared a quarterly dividend of $0.27 per share and extended a $100 million share repurchase program. Despite a challenging environment, the company anticipates demand recovery later in 2021, supported by strategic actions and backlog strength.
The Greenbrier Companies (NYSE: GBX) is set to hold its Q1 2021 financial results conference call on January 6, 2021, at 8:00 a.m. PDT. Interested parties can participate via the company's website or dial in at 1-630-395-0143 with the password 'Greenbrier'. The company specializes in manufacturing freight railcars and services, operating globally with a lease fleet of 8,400 railcars and managing 407,000 railcars in North America. Archivable access to the webcast will be available for 30 days.
The Greenbrier Companies (NYSE:GBX) has announced its Virtual Annual Shareholders Meeting scheduled for January 6, 2021, at 2:00 p.m. PST. Interested participants can log in to attend the meeting through the provided link, with a requirement for shareholders to use the control number from their proxy card. Greenbrier is a significant player in the global freight transportation market, specializing in the design, manufacturing, and services of freight railcars and marine barges across various international locations.
The Greenbrier Companies will present at the Stephens Annual Investment Conference on November 18, 2020, at 11:00 am EST. The event will be held virtually and can be accessed via a live webcast on their website. The webcast will also be archived for 30 days. Greenbrier is a prominent supplier of freight transportation equipment, specializing in railcars and marine barges, with extensive operations in North America and Europe. For more information, visit www.gbrx.com.
The Greenbrier Companies (NYSE: GBX) announced the release of its second annual Environmental, Social and Governance (ESG) report titled On Track Together, highlighting sustainability achievements for fiscal years 2019-2020. The report features GRI and SASB frameworks, covering governance, employee well-being, environmental metrics, and community contributions. Key highlights include 30% female board membership, the lowest Total Recordable Incident Rate, and over 24,000 volunteer hours. Greenbrier commits to enhanced diversity and measurable ESG goals for the coming years, addressing the importance of sustainable operations amid COVID-19.
The Greenbrier Companies (NYSE: GBX) reported its fourth quarter and fiscal year 2020 results. For Q4, net loss was $0.1 million on revenues of $636.4 million, impacted by costs linked to the ARI acquisition and severance. Adjusted net earnings were $5.5 million, with an EBITDA of $55.7 million. The company maintained liquidity of $919.6 million and a diverse backlog of 24,600 railcars valued at $2.4 billion. For FY2020, net earnings were $49.0 million on $2.8 billion in revenue. A quarterly dividend of $0.27 per share was declared, marking the 26th consecutive dividend.
The Greenbrier Companies (NYSE:GBX) has scheduled a financial results conference call for the fourth quarter ending August 31, 2020. The call will take place on October 23, 2020, at 8:00 a.m. PDT. Interested parties can access the live webcast on the Greenbrier website or dial in using 1-630-395-0143 with the password 'Greenbrier'. Greenbrier, based in Lake Oswego, Oregon, is a major supplier of freight equipment and services across global transportation markets, with operations in North America, Europe, and Brazil.
The Greenbrier Companies (NYSE: GBX) will present at the Cowen and Company Global Transportation & Sustainable Mobility Conference on September 9, 2020, at 12:40 pm EDT. The event will be hosted virtually, and interested parties can access the live webcast through the Greenbrier website at www.gbrx.com. The presentation will remain available for 30 days after the event. Greenbrier specializes in manufacturing freight railcars and marine barges and offers services to the global freight transportation markets.
The Greenbrier Companies (NYSE: GBX) announced that Chairman and CEO Bill Furman has agreed to stay in his role for two more years amid the COVID-19 crisis, with planned retirement in September 2022. Furman will reduce his total compensation and forgo cash bonuses, opting for stock instead. Recently, he increased his stock ownership by purchasing 100,000 shares for $1.6 million, now holding over 600,000 shares or RSUs. The company prioritizes leadership continuity and executive talent development during uncertain economic times.