Greenbrier Q2 EPS Miss, Shares Drop 6%

Greenbrier reported Q2 adjusted EPS of $0.47, missing consensus $0.90 by $0.43, and revenue $587.5 million vs $685.36 million estimate.
Shares fell 6% after the miss, and the board raised the quarterly dividend 6% to $0.34 per share, its 48th consecutive payout.
FY2026 revenue guidance trimmed to $2.4‑$2.5 billion (midpoint $2.45 bn) and adjusted EPS to $3.00‑$3.50, below consensus $2.89 bn and prior $3.75‑$4.75 range.
Delivered 3,400 railcars, took 2,900 new orders ($390 m), backlog 15,200 units ($2.1 bn); cash flow $159 m, utilization 98.5%, gross margin 11.8%.