Greenbrier Q4 adjusted EBITDA misses analyst estimates
GBX•Greenbrier reported fiscal fourth-quarter adjusted EBITDA of $72.3 million, below the $83.14 million analyst estimate. Gross margin fell to 13.5% from 14.1% sequentially, while improved order activity increased its railcar backlog.
1. Quarterly results
Greenbrier’s fiscal fourth-quarter adjusted EBITDA was $72.3 million, compared with the $83.14 million consensus estimate from three analysts. Core net earnings attributable to Greenbrier were $12 million, and earnings per share were $0.39. Gross margin declined to 13.5% from 14.1% sequentially.
2. Orders and outlook
Improved fourth-quarter order activity increased Greenbrier’s railcar backlog. The company attributed sequential revenue growth to favorable product mix and higher leasing revenue, and said its lease fleet grew 23% in fiscal 2026. Greenbrier said higher rail traffic and diesel prices were boosting North American inquiries early in fiscal 2027, but provided no specific financial guidance for the year.
