Greenbrier Cos. (GBX) Tops Q2 EPS Views; Boost FY15 EPS Outlook
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Greenbrier Reports Record Second Quarter Results with Continued Margin Expansion
April 7, 2015 6:00 AM EDTLAKE OSWEGO, Ore., April 7, 2015 /PRNewswire/ --Â The Greenbrier Companies, Inc. (NYSE: GBX) today reported financial results for its second fiscal quarter ended February 28, 2015.
Second Quarter Highlights
Net earnings attributable to Greenbrier for the quarter were $50.4 million, or $1.57 per diluted share, on revenue of $630 million. Adjusted EBITDA for the quarter was $102.7 million, or 16.3% of revenue. New railcar backlog as of February 28, 2015 was 46,000 units with an estimated value of $4.78 billion (average unit sale price of $104,000), compared to 41,200 units with an estimated value of $4.20 billion (average unit sale price... More