secwatch.observer — SEC 8-K summary
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Issuer:     GREENBRIER COMPANIES INC (GBX)
CIK:        0000923120
Form:       8-K
Filed at:   2023-01-06T23:59:59+00:00
Accession:  0001193125-23-002899
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenbrier Q1 net loss $17M ($0.51 GAAP EPS) on $767M revenue; adjusted EPS $0.05; Portland facility impairment $24M
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- GAAP net loss $17M ($0.51/diluted share); adjusted net earnings $1.6M ($0.05/diluted share).
- Revenue $767M, down from $951M in Q4; gross margin 9.1% vs 13.4% sequentially.
- New railcar orders 5,600 units ($700M); backlog 28,300 units ($3.4B); book-to-bill 1.2x.
- Ceasing manufacturing at Portland facility; recorded $24M non-cash impairment of long-lived assets.
- Post-quarter acquired minority interest in GBX Leasing; FY23 guidance: deliveries 22k-24k, revenue $3.2-3.6B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/923120/000119312523002899/0001193125-23-002899-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/923120/000119312523002899/d337846d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-002899

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