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.
Greenbrier Cos Inc (GBX) provides essential rail transportation solutions through manufacturing, maintenance, and leasing services across global markets. This news hub offers investors and industry professionals direct access to official updates and strategic developments shaping the company's position in freight equipment and logistics.
Find timely reports on quarterly financial results, new railcar production contracts, and leasing syndication partnerships. Our curated collection includes regulatory filings, operational milestones, and market expansion announcements critical for understanding GBX's performance in the transportation sector.
Key updates cover manufacturing innovations, fleet management initiatives, and maintenance service expansions. Track the company's progress in North American and European markets while staying informed about its engineering advancements and asset management strategies.
Bookmark this page for streamlined access to Greenbrier's latest corporate communications. Check regularly for verified updates directly impacting rail transportation economics and industrial logistics trends.
Greenbrier reported its Q1 FY23 results with net loss of $17 million or $0.51 per share, impacted by a $24 million non-cash impairment. Despite challenges, the company secured 5,600 new railcar orders worth $700 million and maintained a robust backlog of 28,300 railcars valued at $3.4 billion. Adjusted EPS was $0.05. Liquidity stands strong at $477 million. The board declared a quarterly dividend of $0.27 per share and extended a $100 million share repurchase program. Expectations for full-year revenue are between $3.2 billion and $3.6 billion.
The Longwood Group announced the successful sale of its interest in GBX Leasing, LLC, a joint venture with Greenbrier Companies (NYSE: GBX). Established in February 2021, GBXL has expanded to over 4,500 leased railcars, significantly exceeding initial investment expectations. Longwood's strategic guidance has capitalized on favorable market conditions, benefiting both Greenbrier shareholders and Longwood investors. GBXL continues as a wholly-owned subsidiary of Greenbrier, enhancing its leasing strategy and value proposition for customers.
Greenbrier has acquired a 100% interest in GBX Leasing from The Longwood Group, enhancing its railcar leasing operations. This move aligns with Greenbrier's strategy to grow its lease fleet and diversify its revenue streams. GBXL, now wholly owned, previously delivered stable cash flows, complementing Greenbrier's cyclical manufacturing revenues. The acquisition strengthens Greenbrier's market presence and value proposition, benefiting shareholders and customers alike.
The Greenbrier Companies (NYSE: GBX) announced a conference call to discuss its financial results for the first quarter ended November 30, 2022. The call is scheduled for January 6, 2023, at 8:00 a.m. PDT. Interested parties can access the live webcast on the company's website or dial in using specific phone numbers. Greenbrier is a leading global supplier of freight railcars and related services, managing a fleet of over 408,000 railcars and leasing approximately 12,200 railcars through its subsidiary, GBXL.
The Greenbrier Companies (NYSE: GBX) has announced its upcoming Virtual Annual Shareholders Meeting scheduled for January 6, 2023, at 2:00 p.m. PDT. Interested participants can log in here, using their proxy card control number, or attend as a guest. Greenbrier, based in Lake Oswego, Oregon, is a key player in the freight transportation market, involved in the design, manufacture, and management of freight railcars and marine barges across North America, Europe, and Brazil.
Greenbrier Companies (NYSE:GBX) will present at the 2022 Stephens Investment Conference on November 16, 2022, in Nashville, Tennessee. The live webcast begins at 8:00 am CT and can be accessed via the Greenbrier website. The presentation will remain available in the archives for 90 days. Headquartered in Lake Oswego, Oregon, Greenbrier is a key player in global freight transportation, specializing in designing and manufacturing freight railcars and marine barges, and managing a fleet of approximately 408,000 railcars.
Greenbrier Companies (NYSE: GBX) reported a solid fourth quarter with diluted EPS of $0.60, generating nearly $180 million in operating cash flow. The company secured new orders for 4,800 railcars valued at $620 million, bringing the backlog to 29,500 units worth $3.5 billion. Liquidity stands at $690 million, bolstered by a $150 million non-recourse term loan. Revenue reached $950 million, with net earnings of $20 million. For fiscal 2023, Greenbrier anticipates deliveries of 22,000-24,000 units and revenue between $3.2-$3.6 billion, signaling a strong operational outlook.
The Greenbrier Companies (NYSE: GBX) has announced a quarterly cash dividend of $0.27 per share, which will be paid on November 29, 2022, to stockholders of record as of November 8, 2022. Greenbrier is a key player in the global freight transportation market, specializing in the design, manufacturing, and marketing of freight railcars and marine barges across North America, Europe, and Brazil. Additionally, the company manages a fleet of 421,000 railcars, providing vital leasing and regulatory compliance services.
The Greenbrier Companies (NYSE: GBX) will hold its Q4 2022 financial results conference call on October 27, 2022, at 8:00 a.m. PDT. Interested parties can join via the webcast on the company's website or by dialing in using 1-888-317-6003 for domestic calls and 1-412-317-6061 for international callers. The call will discuss the financial results for the year ending August 31, 2022. The webcast will be archived for 30 days for later access.
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