secwatch.observer — SEC 8-K summary
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Issuer:     GREENBRIER COMPANIES INC (GBX)
CIK:        0000923120
Form:       8-K
Filed at:   2023-04-10T23:59:59+00:00
Accession:  0001193125-23-095751
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenbrier posts Q2 GAAP EPS $0.97, revenue $1.1B; backlog $3.1B, fleet utilization 98.7%
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- GAAP EPS $0.97, adjusted EPS $0.99 (excl. Gunderson exit costs); revenue $1.1B vs $766.5M in Q1.
- New railcar orders 4,500 units ($580M); deliveries 7,600; backlog 25,900 units valued at $3.1B.
- Fiscal 2023 guidance: deliveries 23,000-25,000 units, revenue $3.4-3.7B, gross margin low-double-digits.
- Fleet utilization 98.7%; liquidity $816M; repurchased 575k shares for $17M; $75M authorization remaining.
- Board declares $0.27/quarter dividend payable May 16; 36th consecutive quarterly dividend.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/923120/000119312523095751/0001193125-23-095751-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/923120/000119312523095751/d451989d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-095751

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