Greenbrier Companies (GBX) reported fourth-quarter net income of $6.7 million or $0.37 per share compared to $7.4 million or $0.45 per share last year.
On average, 5 analysts polled by Thomson Reuters expected the company to report a loss of $0.03 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues were $230.4 million compared to $362.0 million a year ago. Analysts expected revenue of $244.65 million for the quarter.
Fiscal 2009 net loss was $54.1 million or $3.21 per share compared to net earnings of $19.5 million or $1.19 per share last year. Revenues for the year were down 21%, to $1.0 billion.
The company anticipates that revenues will be lower in fiscal 2010 compared to fiscal 2009.
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