Greenbrier Companies (GBX) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, GBX broke through the 20-day moving average, which suggests a short-term bullish trend.The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages. ...

Greenbrier Companies (GBX) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power ...

All business operations organized by markets in The Americas and Europe supporting strategic goalsAdrian Downes to step down as Chief Financial Officer; National search commences for next CFOSuccession plan completed for Chief Legal Officer LAKE OSWEGO, Ore., Jan. 8, 2024 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE: GBX) today announced a new business operations organizational structure supporting its "Better Together" business strategy, unveiled at its April 2023 Investor Day. The streamlined orga ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

The Greenbrier Companies, Inc. (NYSE:GBX) Q1 2024 Earnings Conference Call January 5, 2024 11:00 AM ET Company Participants Justin Roberts - Vice President and Treasurer Lorie Tekorius - Chief Executive Officer and President Brian Comstock - Executive Vice President and Chief Commercial and Leasing Officer Adrian Downes - Senior Vice President and Chief Financial Officer Conference Call Participants Justin Long - Stephens Matt Elkott - TD Cowen Allison Poliniak - Wells Fargo Bascome Majors - Susquehanna Ste ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock without par value GBX New York Stock Exchange Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended November 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 f ...

LAKE OSWEGO, Ore., Dec. 20, 2023 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE:GBX) invites shareholders and other interested parties to listen to its Virtual Shareholders Meeting.      What: The Greenbrier Companies' Virtual Annual Shareholders Meeting    When: Friday, January 5, 2024, at 12:00 p.m. PST To attend virtually, please go www.virtualshareholdermeeting.com/GBX2024 to  log in 15 minutes prior to the start of the meeting. Shareholders will need the control number from your  proxy card to pa ...

Financial Data and Key Metrics Changes - For Q4 2023, Greenbrier generated revenue of $1 billion, unchanged from the prior quarter, with aggregate gross margins expanding to 12.5% from 12.3% in Q3 [8][22] - Full-year revenue reached a record $3.9 billion, representing a year-over-year increase of over 110% [24] - Adjusted net earnings attributable to Greenbrier for the full year were $99 million, or $2.97 per diluted share [24] - Operating cash flow for the full year was $71 million, marking the first positive cash flow year since 2020 [25] Business Line Data and Key Metrics Changes - New railcar orders in Q4 totaled 15,300 units valued at nearly $1.9 billion, with a book-to-bill ratio of 2.2 times [15][22] - Manufacturing gross margin for Q4 was 9.3%, relatively unchanged from the prior quarter, with positive movements offsetting the negative impact of a strengthening peso [9] - Maintenance services revenue decreased by about 23%, but gross margin increased by 430 basis points, resulting in earnings from operations that offset the reduced revenue [11] Market Data and Key Metrics Changes - As of August 31, Greenbrier's global backlog was 30,900 units valued at $3.8 billion, the highest backlog value in nearly eight years [15] - International orders accounted for nearly 20% of activity in Q4, reflecting the launch of the leasing and syndication business in Europe [16] Company Strategy and Development Direction - The company’s multi-year strategy, named "Better Together," focuses on maintaining manufacturing leadership, optimizing the industrial footprint, and growing leasing and services to mitigate manufacturing cyclicality [6] - The company has sold its Gunderson Marine operation and a small foundry in Texas, resulting in approximately $20 million of permanent annual savings [9][6] - Greenbrier plans to invest up to $300 million per year for the next five years to grow its leasing fleet [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term strategy, emphasizing that it is focused on controllable factors rather than overly optimistic demand scenarios [13] - The outlook for fiscal 2024 remains positive, with expectations for strong demand across railcar types in North America and Europe [13][28] - Management acknowledged the dynamic economic environment and geopolitical concerns but maintained a positive outlook based on strong backlog and operational momentum [13][28] Other Important Information - The board declared a quarterly dividend of $0.30 per share, marking the 38th consecutive quarterly dividend [12] - The company repurchased 1.9 million shares for $57 million at an average price of approximately $29 per share during the year [13][27] Q&A Session Summary Question: Manufacturing margins and Eagle Pass disruption - Management expects margin expansion in manufacturing throughout fiscal 2024, despite potential disruptions from the Eagle Pass situation [33][36] Question: Revenue guidance and delivery pressure - Management acknowledged the anticipated revenue pressure but emphasized that the guidance still reflects strong activity and is the second highest level of revenue ever [40][41] Question: Capacity and visibility for fiscal '25 - Less than 10% of North American capacity is available for fiscal 2024, with strong visibility into fiscal 2025 due to a healthy backlog [42][45] Question: International orders and leasing - International activity remains stable, with about 20% of orders in the most recent quarter coming from international markets, particularly Europe [60][62] Question: Railcar refurbishments and fiscal '24 guidance - Management indicated that over 2,000 cars are included in refurbishment and conversion work for fiscal '24, with a significant portion of production dedicated to sustainable conversions [65][66]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549-1004 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended August 31, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from ___________ to ___________ Commission File No. 1-13146 THE GREENBRIER COMPANIES, INC. (Exact name of Registrant as specified in its charter) Oregon (State of Incorporation ...

The Greenbrier Companies, Inc. (NYSE:GBX) Q3 2023 Earnings Conference Call June 29, 2023 11:00 AM ET Company Participants Justin Roberts - VP & Treasurer Lorie Tekorius - President & CEO Brian Comstock - EVP & Chief Commercial and Leasing Officer Adrian Downes - SVP & CFO Conference Call Participants Matt Elkott - Cowen Justin Long - Stephens Bascome Majors - Susquehanna Ken Hoexter - Bank of America Merrill Lynch Ryan Deveikis - Wells Fargo Jacob Moore - KeyBanc Capital Markets Operator Hello, and welcome ...