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Greenbrier Books YTD Orders for 5,400 Railcars

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So far in this calendar year, Greenbrier (NYSE: GBX  ) has received orders for 5,400 railcar units for a total value of roughly $575 million. The orders are for a variety of railcar types, including tank cars, boxcars, and hopper cars. The company attributed the popularity of the first category, for which it received orders for almost 2,700 units, to "continued strength in the energy and industrial chemical markets."

The year-to-date tally doesn't include the orders for 4,200 railcars the company reported at the beginning of January. The value of these orders is approximately $430 million.


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Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On March 29, 2013, at 9:46 PM, Khizhim wrote:

    Eric:

    Couldn't you have commented about how this amount of orders compared to the company's recent order history?

    The company's own press release looks like it might discuss some relevant details, at:

    http://phx.corporate-ir.net/phoenix.zhtml?c=98215&p=irol...

  • Report this Comment On March 30, 2013, at 6:27 AM, TMFVolkman wrote:

    Khizhim, the intention of the article was to provide the quick facts of the company's YTD sales. Its aim is to be a spot news story; as such, I didn't want to put in more detail. This is also the reason I purposefully avoided giving personal commentary.

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Eric Volkman
TMFVolkman

Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles.

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