Quarterly ResultJul 1, 2026, 04:51 PM
Greenbrier Q3 Net Earnings $18.9M, EPS $0.60; Revenue $576.5M
AI Summary
Greenbrier reported a significant decline in its third-quarter financial results for the period ended May 31, 2026. Net earnings attributable to Greenbrier dropped to $18.9 million, with diluted EPS falling to $0.60, compared to the prior year. Total revenue also decreased to $576.5 million, primarily driven by a reduction in manufacturing revenue. Additionally, net cash provided by operating activities for the nine-month period saw a substantial decrease, while total net debt increased.
Key Highlights
- Q3 Net Earnings attributable to Greenbrier decreased to $18.9M from $60.1M YoY.
- Q3 Diluted EPS fell to $0.60 from $1.86 in the prior year period.
- Q3 Total Revenue declined to $576.5M from $842.7M YoY.
- Manufacturing revenue was $529.1M, down from $793.4M YoY.
- Net cash provided by operating activities for nine months decreased to $8.1M from $167.7M YoY.
- Total net debt increased to $1,805.6M as of May 31, 2026, from $1,750.9M.
- Company repurchased 313k shares for $13.3M in nine months; $64.5M remains.
- Declared cash dividends of $0.34 per share for the quarter.
Price Impact
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