Categories Earnings, Industrials

The Greenbrier Companies, Inc. (GBX): Q2 2020 Earnings Snapshot

Earnings Update by AlphaStreet

— The Greenbrier Companies, Inc. (NYSE: GBX) reported earnings of $0.46 per share in the second quarter of 2020, compared to $0.29 per share expected.

— Q2 revenue fell 5% to $623.8 million, vs. $799 million expected.

— Orders for 8,500 diversified railcars were received during the quarter, with over 50% originating from international sources. New railcar backlog increased to 30,800 units with an estimated value of $3.2 billion.

— Due to the impact of COVID-19, the company cut down its global workforce by 3,500 and also suspended its fiscal 2020 guidance.

— GBX shares ended their last trading session over 9% in green on Monday.

Most Popular

CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%

Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss

Key metrics from Nike’s (NKE) Q2 2025 earnings results

NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net

FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips

Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top