Latest news with #GreenbrierCompanies
Yahoo
03-07-2025
- Business
- Yahoo
Greenbrier Companies Inc (GBX) Q3 2025 Earnings Call Highlights: Strong Financial Performance ...
Release Date: July 01, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Greenbrier Companies Inc (NYSE:GBX) reported strong financial performance with net earnings of $60.1 million, marking an increase both sequentially and year over year. The company achieved an impressive aggregate gross margin of 18%, maintaining its target for the seventh consecutive quarter. Greenbrier Companies Inc (NYSE:GBX) successfully renewed and extended two bank facilities totaling $850 million, enhancing its financial stability. The company's leasing and fleet management operations showed strong performance, with recurring revenue reaching nearly $165 million over the last four quarters, representing a 50% growth. Greenbrier Companies Inc (NYSE:GBX) has a healthy global new rail car backlog of nearly 19,000 units, providing industry-leading visibility in its markets. The company's backlog of 18,900 units is the lowest since the second quarter of 2014, raising concerns about future order levels. There is uncertainty in the market due to pending US trade policy and commodity price fluctuations, which may delay customer orders. The European market remains muted until the economy's trajectory improves, affecting Greenbrier Companies Inc (NYSE:GBX)'s operations in the region. Despite strong performance, the company faces challenges with the aging North American rail car fleet, which requires significant replacements. Greenbrier Companies Inc (NYSE:GBX) has been adjusting production rates throughout the fiscal year to align with market demand, indicating potential volatility in production levels. Warning! GuruFocus has detected 7 Warning Signs with GBX. Q: With one quarter left in the fiscal year, can you provide guidance on interest, FX line, and other financial metrics to bridge down to EPS after three strong quarters? A: (Justin Roberts, VP of Financial Operations) We expect interest expense to be in the range of $22 to $25 million, likely towards the upper end. FX has been volatile, with a recent $5 million pre-tax benefit. We don't project significant volatility in the peso or euro. For unconsolidated affiliates and non-controlling interest, we expect figures to align with earlier quarters this year. Q: Given the current order levels, are you comfortable with the production rate going into next year, and when might you need to adjust production rates if orders don't improve? A: (Laurie Tikkorrius, CEO) We've been adjusting production rates throughout the fiscal year to align with market demand. Our backlog of 19,000 cars provides good visibility, allowing us to integrate current orders effectively. (Brian Comstock, EVP) We've adjusted production rates down, and inquiry levels are up. There's significant attrition in the North American fleet, particularly boxcars, which suggests pent-up demand will increase. Q: With the backlog at its lowest since 2014, what's the confidence level in securing new orders, and how does the mix of deliveries versus lease cars look? A: (Laurie Tikkorrius, CEO) Despite the backlog being perceived as low, we have confidence in our commercial team and products. Customers are waiting for clarity on tariffs and trade policy. (Brian Comstock, EVP) Legislative changes, like the renewable fuels bill, could catalyze demand. Additionally, programmatic railcar restoration, not included in the backlog, is significant. Q: Is the railcar refurbishment business scalable, and does it contribute to higher margins? A: (Brian Comstock, EVP) Many aging cars will exit the fleet and need replacement. Refurbishment involves re-jacketing pressure cars and refurbishing GP cars, which are high-margin activities. These cars are typically 10-15 years old and are part of our restoration programs. Q: With the lease fleet growing modestly and production decelerating, how do you plan to manage fleet growth and capital expenditure? A: (Justin Roberts, VP of Financial Operations) We're becoming more active in the used car market, balancing direct sale activity with leased activity. This approach allows us to grow the fleet while maintaining capital discipline and leveraging syndication partners. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
02-07-2025
- Business
- Yahoo
Those who invested in Greenbrier Companies (NYSE:GBX) five years ago are up 149%
When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far more than 100% on a really good stock. For instance, the price of The Greenbrier Companies, Inc. (NYSE:GBX) stock is up an impressive 115% over the last five years. Meanwhile the share price is 2.4% higher than it was a week ago. Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During five years of share price growth, Greenbrier Companies achieved compound earnings per share (EPS) growth of 24% per year. The EPS growth is more impressive than the yearly share price gain of 17% over the same period. So one could conclude that the broader market has become more cautious towards the stock. The reasonably low P/E ratio of 7.28 also suggests market apprehension. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). We know that Greenbrier Companies has improved its bottom line over the last three years, but what does the future have in store? This free interactive report on Greenbrier Companies' balance sheet strength is a great place to start, if you want to investigate the stock further. It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Greenbrier Companies' TSR for the last 5 years was 149%, which exceeds the share price return mentioned earlier. And there's no prize for guessing that the dividend payments largely explain the divergence! Greenbrier Companies shareholders are down 1.9% for the year (even including dividends), but the market itself is up 15%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. On the bright side, long term shareholders have made money, with a gain of 20% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with Greenbrier Companies (at least 2 which are a bit unpleasant) , and understanding them should be part of your investment process. For those who like to find winning investments this free list of undervalued companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Washington Post
01-07-2025
- Business
- Washington Post
Greenbrier: Fiscal Q3 Earnings Snapshot
LAKE OSWEGO, Ore. — LAKE OSWEGO, Ore. — Greenbrier Companies Inc. (GBX) on Tuesday reported earnings of $60.1 million in its fiscal third quarter. The Lake Oswego, Oregon-based company said it had profit of $1.86 per share. The maker of railroad freight car equipment posted revenue of $842.7 million in the period.
Yahoo
01-07-2025
- Business
- Yahoo
Greenbrier announces Third Quarter financial results
LAKE OSWEGO, Ore., July 1, 2025 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE:GBX) today announced its fiscal third quarter 2025 financial results through an earnings release that will be furnished with the Securities and Exchange Commission on a Form 8-K and available on its investor website at Greenbrier will host a live audio webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time), today, to discuss these financial results. The webcast and all the related materials can also be accessed through Greenbrier's Investor Relations website at About Greenbrier Greenbrier, headquartered in Lake Oswego, Oregon, is a leading international supplier of equipment and services to global freight transportation markets. Through its wholly-owned subsidiaries and joint ventures, Greenbrier designs, builds and markets freight railcars in North America, Europe and Brazil. We are a leading provider of freight railcar wheel services, parts, maintenance and retrofitting services in North America. Greenbrier owns a lease fleet of approximately 16,700 railcars that originate primarily from Greenbrier's manufacturing operations. Greenbrier offers railcar management, regulatory compliance services and leasing services to railroads and other railcar owners in North America. Learn more about Greenbrier at View original content: SOURCE The Greenbrier Companies, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-06-2025
- Business
- Yahoo
Greenbrier declares quarterly dividend of $0.32 per share
LAKE OSWEGO, Ore., June 30, 2025 /PRNewswire/ -- The Greenbrier Companies (NYSE: GBX) announced today a quarterly cash dividend of $0.32 per share, payable on August 7, 2025, to stockholders of record as of July 17, 2025. This represents Greenbrier's 45th consecutive quarterly dividend. About Greenbrier Greenbrier, headquartered in Lake Oswego, Oregon, is a leading international supplier of equipment and services to global freight transportation markets. Through its wholly-owned subsidiaries and joint ventures, Greenbrier designs, builds and markets freight railcars in North America, Europe and Brazil. We are a leading provider of freight railcar wheel services, parts, maintenance and retrofitting services in North America. Greenbrier owns a lease fleet of approximately 16,700 railcars that originate primarily from Greenbrier's manufacturing operations. Greenbrier offers railcar management, regulatory compliance services and leasing services to railroads and other railcar owners in North America. Learn more about Greenbrier at Forward-Looking Statements This press release contains forward-looking statements, including statements that are not purely statements of historical fact. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and important factors that could cause actual results to differ materially from the results contemplated by the forward-looking statements. Factors that might cause such a difference include, but are not limited to, the following: an economic downturn and economic uncertainty; changes to tariffs or import duties, including retaliatory tariffs; changes in macroeconomic policies; inflation (including rising energy prices, interest rates, wages and other escalators) and policy reactions thereto (including actions by central banks); disruptions in the supply of materials and components used in the production of our products; labor disputes; loss of market share to other modes of freight shipment; and geopolitical unrest including the war in Ukraine and conflict in the Middle East. More information on potential factors that may cause our actual results to differ materially from the forward-looking statements include the risks, uncertainties and factors described in more detail in the Company's filings with the SEC, including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's most recently filed Annual Report on Form 10-K. Except as otherwise required by law, the Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates. View original content to download multimedia: SOURCE The Greenbrier Companies, Inc. Sign in to access your portfolio
