Greenbrier Companies Q4 Profit Increases, but misses estimates

(RTTNews) - Greenbrier Companies (GBX) reported earnings for its fourth quarter that increased from last year but missed the Street estimates.

The company's earnings came in at $24.8 million, or $0.77 per share. This compares with $20.2 million, or $0.60 per share, in last year's fourth quarter.

Excluding items, Greenbrier Companies reported adjusted earnings of $29.7 million or $0.92 per share for the period.

Analysts on average had expected the company to earn $1 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.0% to $1.017 billion from $950.7 million last year.

Greenbrier Companies earnings at a glance (GAAP) :

-Earnings (Q4): $24.8 Mln. vs. $20.2 Mln. last year. -EPS (Q4): $0.77 vs. $0.60 last year. -Analyst Estimate: $1 -Revenue (Q4): $1.017 Bln vs. $950.7 Mln last year.