Greenbrier Cos. (GBX) Tops Q2 EPS by 17c, Revenues Miss

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Greenbrier Reports Fiscal Second Quarter 2020 Results

April 7, 2020 6:00 AM EDT

LAKE OSWEGO, Ore., April 7, 2020 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE: GBX) ("Greenbrier"), a leading international supplier of equipment and services to global freight transportation markets, today reported financial results for its second fiscal quarter ended  February 29, 2020.

Second Quarter Highlights

Base liquidity of $620 million consisting of cash of $170 million and $450 million available under committed credit facilities with high quality lenders. Greenbrier is targeting total liquidity of $1 billion. Greenbrier's manufacturing and service sites continue operations as "Essential Business" under directives issued by the U.S. Department of... More