earnings
confidence high
sentiment negative
materiality 0.75
Greenbrier Q3 EPS $0.60, revenue $576.5M; narrows FY26 EPS guidance to $3.00-$3.15, lowers margin outlook
GREENBRIER COMPANIES INC
- Q3 net earnings $19M ($0.60 diluted EPS); revenue $576.5M; aggregate gross margin 14.1% (up 230 bps sequentially).
- Owned lease fleet grew 23% to 20,600 units; utilization 99%; new $425M non-recourse term loan.
- New railcar orders 2,200 units ($340M); deliveries 3,600; backlog 13,800 units ($2.0B).
- FY26 guidance: deliveries narrowed to 15,650-15,850; aggregate gross margin lowered to 13.8%-14.2%; EPS narrowed to $3.00-$3.15.
- Board declared $0.34/share quarterly dividend, payable Aug 6, 2026 (49th consecutive quarterly dividend).