Greenbrier Cos. (GBX) Misses Q1 EPS by 4c; Reaffirms Outlook
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Greenbrier Reports First Quarter Results
January 6, 2017 6:00 AM ESTLAKE OSWEGO, Ore., Jan. 6, 2017 /PRNewswire/ --Â The Greenbrier Companies Inc., (NYSE: GBX) today reported financial results for its first fiscal quarter ended November 30, 2016.
First Quarter Highlights
Net earnings attributable to Greenbrier for the quarter were $25.0 million, or $0.79 per diluted share, on revenue of $552.3 million. Adjusted EBITDA for the quarter was $85.7 million, or 15.5% of revenue. Cash provided by operating activities totaled $29.0 million for the quarter. Diversified orders for 2,400 new railcars were received during this quarter, valued at over $230 million, or an average price of... More