Greenbrier Cos. (GBX) Misses Q4 EPS by 14c, Revenues Beat
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Greenbrier Reports Fourth Quarter and 2020 Fiscal Year Results
October 23, 2020 6:00 AM EDTLAKE OSWEGO, Ore., Oct. 23, 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 fourth fiscal quarter and year ended August 31, 2020.
Fourth Quarter Highlights
Liquidity of $919.6 million, including $833.7 million in cash and $85.9 million of available borrowing capacity. Combined with nearly $200 million of additional initiatives in progress, exceeded the $1 billion liquidity and cost savings target. Generated operating cash flow of $183.2 million in the quarter primarily driven by... More