Friday, Greenbrier Companies (GBX) said its first-quarter net loss attributable to controlling interest narrowed to $3.24 million from $3.89 million in the year-ago period. Net loss for the quarter reduced to $3.36 million from $4.46 million in the prior year period. Loss per share for the quarter was $0.19 per share, narrower than $0.23 per share in the previous year. On average, 4 analysts polled by Thomson Reuters expected the company to report a loss of $0.12 per share for the quarter.
Net loss for the quarter includes non cash charges of $1.2 million, net of tax, or $0.07 per diluted share for warrant amortization expense and amortization of convertible debt discount, the company said.
Revenues for the quarter dipped to $171.7 million from $256.1 million in the comparable period. Two analysts estimated revenues of $187.50 million for the quarter.
The company expects 2010 revenues to be lower compared to 2009.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.