Railcar Giant Greenbrier Faces Setback In Q3 - Can New Railcar Orders Turn the Tide?
Railcar Giant Greenbrier Faces Setback In Q3 - Can New Railcar Orders Turn the Tide?
GBX has secured orders for 6,300 new railcars worth $830 million and delivered 5,400 units in the quarter. The Greenbrier Companies, Inc. (NYSE:GBX) shares are tumbling today after the company reported worse-than-expected third-quarter FY24 results.
今天格林布赖尔公司（纽交所：GBX）公布了FY24第三季度比预期更糟糕的财报，股票价格下跌。
Revenue declined to $820.2 million from $1.038 billion a year ago and missed the consensus of $928.7 million.
营业收入从一年前的10.38亿美元下降到82020万美元，未达到预期的92870万美元。
The company's lease fleet utilization was around 99%, and fleet size increased by 600 units to 15,200 units.
公司的租赁车队利用率约为99％，车队规模增加了600辆，达到15200辆。
GBX has secured orders for 6,300 new railcars worth $830 million and delivered 5,400 units in the quarter.
GBX获得了价值8300万美元的6300个新铁路货车订单，并在本季度交付了5400辆。
As of May end, the new railcar backlog stood at 29,400 units, with an estimated value of $3.7 billion.
截至5月底，新铁路货车订单积压量达到29,400辆，估值为37亿美元。
EBITDA came in at $104 million vs $95 million a year ago, with a margin of 13%. EPS of $1.06 missed the consensus of $1.15.
EBITDA为1.04亿美元，去年同期为9500万美元，利润率为13％，每股收益1.06美元，未达到预期的1.15美元。
As of May 31, cash and equivalents stood at $291.8 million. The company's quarterly dividend per share of $0.30 is payable on August 13 to shareholders of record as of July 23.
截至5月31日，现金及其等价物为29180万美元。公司股息为每股0.30美元，将于8月13日支付给截至7月23日的股东。
FY24 Outlook: Greenbrier revised revenue guidance to $3.50 billion-$3.60 billion (vs. $3.50 billion-$3.70 billion earlier), compared to the consensus of $3.56 billion.
FY24展望：格林布赖尔公司将营收指导下调至35亿-36亿美元（较之前的35亿-37亿美元），与市场共识的35.6亿美元相比。
The company now expects to deliver 23,500 – 24,000 (vs. 23,500 – 25,000 units earlier), including around 1,400 units in Brazil.
该公司现在预计将交付23500至24000辆车（较早前的23500至25000辆车），其中巴西约有1400辆。
Greenbrier projects capital expenditures of around $150 million in Manufacturing and $15 million in Maintenance Services and sees gross leasing investment of about $340 million in Leasing & Management Services.
格林布赖尔公司预计在制造业和维护服务方面的资本支出约为1.5亿美元，并预计其租赁和管理服务的毛利率为3400万美元。
The company anticipates proceeds from equipment sales of around $75 million.
该公司预计从设备销售中获得约7500万美元的收益。
Lorie L. Tekorius, CEO and President, said, "Consolidated gross margin in the mid-teens for a third consecutive quarter drove strong EPS performance. Results reflect our continued focus on efficiencies gained over the last several quarters and execution by the team that extends across the full reach of Greenbrier's business."
Lorie L. Tekorius，首席执行官和总裁，表示：“连续第三个季度高于中等水平的毛利率推动了强劲的每股收益表现。结果反映了我们在过去几个季度中获得的效率提升和团队在Greenbrier业务的全范围内的执行”。
Investors can gain exposure to the stock via First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) and Invesco S&P Smallcap 600 Pure Value ETF (NYSE:RZV).
投资者可以通过First Trust RBA American Industrial Renaissance ETF（纳斯达克：AIRR）和Invesco S&P小型股600纯价值ETF（纽交所：RZV）获得该股票的曝光。
Also Read: Greenbrier Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
阅读更多：格林布赖尔公司为Q3准备; 这是来自华尔街最准确的分析师的最近预测变化
Price Action: GBX shares are down 11.3% at $43.07 at the last check Monday.
价格变动：周一最后一次检查时，GBX股价下跌11.3％，至43.07美元。
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阅读下一篇：
- Greenbrier Companies Remains Poised For Positive Momentum, Says Analyst
- 格林布赖尔回升，股价有望上涨，分析师表示。
