The Greenbrier Companies, Inc. Reports Earnings Results for the First Quarter Ended November 30, 2019
January 08, 2020 at 04:40 pm IST
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The Greenbrier Companies, Inc. announced earnings results for the first quarter ended November 30, 2019. For the first quarter, the company announced total revenue was USD 769.359 million compared to USD 604.523 million a year ago. Operating income was USD 41.784 million compared to USD 36.454 million a year ago. Net income was USD 7.669 million compared to USD 17.956 million a year ago. Basic earnings per share was USD 0.24 compared to USD 0.55 a year ago. Diluted earnings per share was USD 0.23 compared to USD 0.54 a year ago.
The Greenbrier Companies, Inc. is a designer, manufacturer, and marketer of railroad freight car equipment in North America, Europe, and South America. It is a manufacturer and marketer of marine barges. It offers railcar management, regulatory compliance services and leasing services to railcar owners or other users of railcars. The Company operates through three segments: Manufacturing, Maintenance Services, and Leasing & Management Services. The Manufacturing segment produces automotive railcar products. The Maintenance Services segment performs wheel and axle servicing, railcar maintenance and produces a variety of parts for the rail industry in North America. The Leasing & Management Services segment operate railcar leasing business in North America and offers management services, such as software and services that include railcar maintenance management, fleet logistics and railcar accounting services. The Leasing & Management Services segment owns approximately 13,400 railcars.