Greenbrier Companies (GBX) released a profit for its second quarter that increased from the same period last year but missed the Street estimates.
The company's earnings came in at $51.9 million, or $1.56 per share. This compares with $33.4 million, or $1.03 per share, last year.
Analysts on average had expected the company to earn $1.78 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 11.7% to $762.1 million from $862.7 million last year.
Greenbrier Companies earnings at a glance (GAAP) :
-Earnings: $51.9 Mln. vs. $33.4 Mln. last year.
-EPS: $1.56 vs. $1.03 last year.
-Revenue: $762.1 Mln vs. $862.7 Mln last year.
-Guidance:
Full year revenue guidance: $3.15B – $3.35B
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