earnings
confidence high
sentiment positive
materiality 0.75
Greenbrier Q2 fiscal 2024 EPS $1.03, revenue $863M; backlog $3.6B
GREENBRIER COMPANIES INC
2024-Q2 EPS reported
$1.99
revenue$1,671,500,000
- GAAP diluted EPS $1.03 vs $0.96 in Q1; net earnings $33.4M; EBITDA $95M (11% of revenue).
- New railcar orders 5,900 units valued at ~$690M; backlog 29,200 units (~$3.6B).
- FY 2024 guidance updated: deliveries 23,500-25,000 units, revenue $3.5-$3.7B.
- Board declared quarterly dividend $0.30/share, payable May 14; 40th consecutive quarterly dividend.
- Lease fleet grew to 14,600 units (up 500 QoQ) with utilization ~99%.