The Greenbrier Companies, Inc. Reports Earnings Results for the First Quarter Ended November 30, 2020
January 06, 2021 at 06:00 am
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The Greenbrier Companies, Inc. announced earnings results for the first quarter ended November 30, 2020. For the first quarter, the company announced total revenue was USD 402.989 million compared to USD 769.359 million a year ago. Operating loss was USD 2.114 million compared to operating Income of USD 41.784 million a year ago. Net loss was USD 9.972 million compared to net income of USD 7.669 million a year ago. Basic loss per share from continuing operations was USD 0.3 compared to basic earnings per share from continuing operations of USD 0.24 a year ago. Diluted loss per share from continuing operations was USD 0.3 compared to diluted earnings per share from continuing operations of USD 0.23 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.