U.S. Markets closed

Greenbrier: Fiscal 4Q Earnings Snapshot

LAKE OSWEGO, Ore. (AP) _ Greenbrier Companies Inc. (GBX) on Friday reported fiscal fourth-quarter earnings of $30.9 million.

The Lake Oswego, Oregon-based company said it had net income of 94 cents per share. Earnings, adjusted for pretax gains, were 80 cents per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share.

The maker of railroad freight car equipment posted revenue of $689.2 million in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $660.3 million.

For the year, the company reported profit of $151.8 million, or $4.68 per share. Revenue was reported as $2.52 billion.

Greenbrier expects full-year earnings in the range of $4.20 to $4.40 per share.

Greenbrier shares have risen nearly 1 percent since the beginning of the year. The stock has risen 5 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GBX at https://www.zacks.com/ap/GBX