LAKE OSWEGO, Ore. — Greenbrier Companies Inc. on Friday reported fiscal fourth-quarter earnings of $35.1 million.
The Lake Oswego, Ore.-based company said it had profit of $1.06 per share. Earnings, adjusted for costs related to mergers and acquisitions, were $1.31 per share.
The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.38 per share.
The maker of railroad freight car equipment posted revenue of $914.2 million in the period, which also did not meet Street forecasts. Seven analysts surveyed by Zacks expected $962.3 million.
For the year, the company reported profit of $71.1 million, or $2.14 per share. Revenue was reported as $3.03 billion.
