Greenbrier Q2 Beats on EPS, Misses on Revenue
Greenbrier's results for the company's Q2 2013 have been released. For the quarter, revenue totaled $423 million, which was more than $35 million lower than the $458 million in the same period the previous year. Attributable net profit was also down, landing at $13.8 million ($0.45 per diluted share), from Q2 2012's bottom line of $17.7 million ($0.57).
The revenue figure fell short of analyst estimates, while the EPS number exceeded them. Expectations were for $443 million in top line, and a per-share net of $0.37.
Greenbrier also provided forward guidance. The company believes it will deliver roughly 13,000 railcar units in fiscal 2013, and post revenue, adjusted EBITDA, and EPS similar to the previous year.
The article Greenbrier Q2 Beats on EPS, Misses on Revenue originally appeared on Fool.com.Fool contributor Eric Volkman has no position in Greenbrier. The Motley Fool has no position in Greenbrier. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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