secwatch.observer — SEC 8-K summary
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Issuer:     GREENBRIER COMPANIES INC (GBX)
CIK:        0000923120
Form:       8-K
Filed at:   2026-04-07T23:59:59+00:00
Accession:  0001193125-26-145584
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenbrier Q2 EPS $0.47, cuts FY26 guidance; raises dividend 6% to $0.34
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- Net earnings $15M ($0.47 diluted EPS); revenue $587.5M, down 17% sequentially; EBITDA $61M (10% of rev).
- Strong operating cash flow of $159M; new railcar orders 2,900 units valued at $390M; backlog 15,200 units ($2.1B).
- Board increases quarterly dividend 6% to $0.34/share, payable May 11, 2026 to holders of record Apr 20, 2026.
- Revised FY26 guidance: deliveries 15,350-16,350 units (from 17,500-20,500); revenue $2.4B-$2.5B; EPS $3.00-$3.50 (from $3.75-$4.75).
- Fleet utilization remains strong at 98.5%; aggregate gross margin 11.8% in Q2, down from 14.6% in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/923120/000119312526145584/0001193125-26-145584-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/923120/000119312526145584/gbx-20260407.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-145584

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