Greenbrier Companies (GBX) Posts Mixed Q4 Results; Sees H2 Profitability
Greenbrier Companies (NYSE: GBX) reported Q4 loss of $0.02, $0.01 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $286.3 million versus the consensus estimate of $264.96 million.
Management anticipates the Company will be profitable in the second half of the year and for the year as a whole, excluding any one-time charges associated with the repurchase or redemption of the $235 million of outstanding 8 3/8% senior notes due 2015.
Management anticipates the Company will be profitable in the second half of the year and for the year as a whole, excluding any one-time charges associated with the repurchase or redemption of the $235 million of outstanding 8 3/8% senior notes due 2015.