Market Overview

UPDATE: Greenbrier Posts Lower Q4 Profit

Share:
Related GBX
7 Stocks You Should Be Watching Today
Earnings Scheduled For April 5, 2016
S&P 1500 Most Heavily Shorted Stocks (Seeking Alpha)

Greenbrier Cos (NYSE: GBX) reported a drop in its fourth-quarter profit. It also expects decline in shipments for 2013.

Greenbrier now projects to deliver between 11,500 and 13,000 railcars in 2013, versus 15,000 deliveries this year.

Its quarterly net income dropped to $7.4 million, or $0.26 per share, versus $12.6 million, or $0.42 per share, in the year-ago period.

Greenbrier shares closed at $17.41 yesterday.

Posted-In: profitEarnings News Guidance

 

Related Articles (GBX)

View Comments and Join the Discussion!