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Greenbrier Companies Inc (GBX.N)

GBX.N on New York Stock Exchange

46.60USD
22 Nov 2017
Change (% chg)

$0.05 (+0.11%)
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Latest Key Developments (Source: Significant Developments)

Greenbrier Companies Q4 adjusted earnings per share $0.86
Friday, 27 Oct 2017 06:00am EDT 

Oct 27 (Reuters) - Greenbrier Companies Inc :Greenbrier reports fourth quarter and fiscal year results.Q4 adjusted earnings per share $0.86.Q4 earnings per share $0.75.Q4 revenue $611.4 million versus I/B/E/S view $652.7 million.Q4 earnings per share view $0.78 -- Thomson Reuters I/B/E/S.Board increases dividend​.Issues earnings guidance for fiscal 2018​.Sees FY 2018 ‍revenue will be $2.4 billion - $2.6 billion​.Sees FY 2018 ‍diluted EPS of up to $4.00​.FY2018 earnings per share view $3.65, revenue view $2.25 billion -- Thomson Reuters I/B/E/S.Says for FY18 ‍deliveries will be 20,000 - 22,000 units including Greenbrier-Maxion​.Board increases quarterly dividend to $0.23 per share​.Expect more deliveries to produce greater revenue and higher EPS in fiscal 2018 compared to fiscal 2017​.Earnings for quarter include a $3.5 million ($0.11/share) impact related to goodwill impairment charge recorded by GBW​.Board extends share repurchase authorization to March 2019​.Says will "advance its international agenda" further in fiscal 2018​.  Full Article

Greenbrier Q3 earnings per share $1.03
Thursday, 29 Jun 2017 06:00am EDT 

June 29 (Reuters) - Greenbrier Companies Inc ::Greenbrier reports third quarter results.Q3 earnings per share $1.03.Q3 revenue $439.2 million versus I/B/E/S view $520 million.Q3 earnings per share view $0.82 -- Thomson Reuters I/B/E/S.Greenbrier Companies Inc sees new railcar deliveries to be approximately 15,000 - 16,000 unit for fy 2017.Greenbrier Companies Inc - new railcar deliveries totaled 2,600 units for quarter, compared to 3,900 units for quarter ended february 28, 2017.Greenbrier Companies Inc sees fiscal 2017 revenue of approximately $2.1 billion - $2.3 billion.Greenbrier Companies Inc - board declared a quarterly dividend of $0.22 per share.Greenbrier Companies Inc sees fy 2017 earnings per share $3.45 to $3.65.Greenbrier Companies Inc sees fiscal 2017 new railcar deliveries to be approximately 15,000 - 16,000 units.Fy2017 earnings per share view $3.49, revenue view $2.16 billion -- Thomson Reuters I/B/E/S.Greenbrier Companies - "see emerging improvements in north american, european rail markets, we still expect challenging commercial environment into calendar 2018".Greenbrier Companies - new railcar backlog as of may 31 was 31,000 units with estimated value of $3.10 billion.Greenbrier Companies Inc - fiscal 2017 diluted eps outlook excludes ‍$0.17 per share of new convertible note interest expense​.  Full Article

Greenbrier Companies and‍ Mitsubishi UFJ lease & finance finalize $1 bln​ agreement
Thursday, 1 Jun 2017 04:30pm EDT 

June 1 (Reuters) - Greenbrier Companies Inc ::Greenbrier Companies Inc- Co, ‍ Mitsubishi UFJ Lease & Finance finalize agreement for more than $1.0 billion in railcar business in North America​ ‍​.  Full Article

Greenbrier Europe, Astra Rail merger gets approvals in Europe
Thursday, 18 May 2017 06:00am EDT 

May 18 (Reuters) - Greenbrier Companies Inc ::Greenbrier Europe and Astra Rail merger receives regulatory approvals in Europe.Transaction will be completed on June 1, 2017 and combines operations of Greenbrier Europe and Astra rail.  Full Article

Greenbrier and Mitsubishi UFJ lease & finance sign agreement for more than $1.0 billion in railcar business in NORTH AMERICA
Wednesday, 5 Apr 2017 09:00am EDT 

Mitsubishi Ufj Lease & Finance Co Ltd <8593.T> : Greenbrier and Mitsubishi UFJ lease & finance (MUL) sign agreement for more than $1.0 billion in railcar business in North America . Greenbrier Companies - co, MUL announced execution of a MoU to substantially expand parties' existing commercial relationship in North America . Greenbrier Companies says MUL intends to grow its portfolio from 5,000 railcars to a total of 25,000 railcars over next four years . Greenbrier Companies says MoU includes a multi-year purchase commitment by MUL for 6,000 newly-manufactured railcars from Greenbrier through 2020 . Greenbrier Companies says MUL has committed to obtain all its newly-manufactured railcars exclusively from Greenbrier through 2023 . Greenbrier Companies says combined value of transaction announced exceeds $1 billion . Greenbrier Companies says MoU provides parties will form new asset management service entity, owned 50% by each company, solely for railcars in MUL fleet . Greenbrier Companies - 5,000 cars currently managed by Greenbrier will be managed by new entity .Greenbrier says co will receive fee income from MUL related to its railcar asset management services.  Full Article

Greenbrier Q2 earnings per share $1.09
Wednesday, 5 Apr 2017 06:00am EDT 

Greenbrier Companies Inc : Greenbrier reports second quarter results . Q2 earnings per share $1.09 . Q2 revenue $566.3 million versus I/B/E/S view $521.5 million . Q2 earnings per share view $0.84 -- Thomson Reuters I/B/E/S . Sees FY 2017 earnings per share $3.25 to $3.75 excluding items . Greenbrier Companies Inc - "reaffirming our guidance for full year." . Board declared a 5% increase in quarterly dividend to $0.22 per share . Greenbrier Companies Inc - 2017 deliveries will be approximately 14,000 units - 16,000 units . Greenbrier Companies Inc - sees 2017 revenue to be $2.0 - $2.4 billion . FY2017 earnings per share view $3.46 -- Thomson Reuters I/B/E/S .FY2017 revenue view $2.13 billion -- Thomson Reuters I/B/E/S.  Full Article

Greenbrier exercises options to increase strategic investments in Brazil
Thursday, 2 Mar 2017 06:00am EST 

Greenbrier Companies Inc : Greenbrier exercises options to increase strategic investments in Brazil . Greenbrier Companies Inc- A $20 million investment will be used to retire debt at Greenbrier-Maxion thereby reducing interest payments by $4 million annually . Greenbrier - Execution of a definitive agreement concerning intent to increase ownership in Amsted-Maxion Equipamentos E Serviços Ferroviários S.A . Greenbrier Companies Inc - Increase ownership from 19.5% to 60% . Greenbrier Companies Inc- Will retain an option to increase its ownership in Amsted-Maxion Cruzeiro to 29.5% subject to certain conditions. . Greenbrier Companies Inc - With option exercise, equity interest of Amsted-Maxion Fundição E Equipamentos Ferroviários S.A. will be reduced from 80.5% to 40% . Greenbrier Companies Inc - Proceeds from increased ownership , along with loans from partners, will reduce interest costs by about $3 million per year .Greenbrier Companies Inc - Greenbrier will increase its ownership stake in Amsted-Maxion Cruzeiro from 19.5% to 24.5% for $3.25 million.  Full Article

Greenbrier increases notes offering to $250 mln
Wednesday, 1 Feb 2017 06:00am EST 

Greenbrier Companies Inc : Greenbrier announces pricing and increased size of offering of senior convertible notes . Greenbrier announces pricing and increased size of offering of senior convertible notes . Greenbrier companies inc - increased size of its previously announced offering of senior convertible notes due 2024 to an aggregate principal amount of $250 million .Greenbrier expects to close offering of notes on or about february 6, 2017.  Full Article

Greenbrier-Astra Rail formed in Europe-based merger between Greenbrier Europe and Astra Rail
Thursday, 13 Oct 2016 06:00am EDT 

Greenbrier Companies Inc : Greenbrier-Astra Rail formed in Europe-based merger between Greenbrier Europe and Astra Rail . Co, Astra Rail management GMBH announced plans to form a new company, Greenbrier-Astra Rail . Expects transaction to be accretive to earnings per share by end of fiscal year 2017 . Greenbrier-Astra Rail will be led by an experienced Europe-based management team from both companies . Greenbrier expects transaction to be accretive to earnings per share by end of fiscal year 2017 . Greenbrier companies - as partial consideration for majority interest, Co to pay Astra Rail eur 30 million at closing, eur 30 million 12 months after closing . Greenbrier-Astra Rail will be controlled by greenbrier with an approximate 75% interest . Astra Rail's chairman Thomas Manns will own remainder of new company .Greenbrier-Astra Rail will include all European operations of Greenbrier And Astra Rail.  Full Article

Greenbrier Companies to acquire 19.5 pct ownership stake in Amsted-Maxion Cruzeiro
Tuesday, 24 May 2016 06:00am EDT 

Greenbrier Companies Inc : Entered into an agreement to acquire a 19.5% ownership stake in Amsted-Maxion Cruzeiro for $10 million . Greenbrier currently owns 19.5% of Greenbrier-Maxion while Amsted-Maxion Cruzeiro holds remaining 80.5% equity interest . Upon exercising purchase options it holds, co can potentially own up to a 60% direct equity interest in greenbrier-maxion . When co completes current investment in Amsted-Maxion Cruzeiro it will own 35% of outstanding equity of Greenbrier-Maxion .Secured an option, subject to certain conditions, to acquire an additional 10% interest in Amsted-Maxion Cruzeiro.  Full Article