Subscribe to Updates

    Get the latest creative news from CRYPTO NOUNCE.

    What's Hot

    Ethicists fire back at ‘AI Pause’ letter they say ‘ignores the actual harms’

    April 1, 2023

    Elon Musk’s 2018 tweet on Tesla union campaign illegal, US court rules By Reuters

    April 1, 2023

    The Dark Side of ChatGPT: Employees & Businesses Need to Prepare Now

    April 1, 2023
    Facebook Twitter Instagram
    Facebook Twitter Instagram Vimeo
    Cryptonounce.com
    Contact
    • Business
      • Deals
      • investors
      • IPO
      • Startups
      • Wall Street
    • Markets
      • Bonds
      • Commodities & Futures
      • Currencies
      • Funds & ETFs
      • Stocks
    • Crypto
      • Alticoins News
      • Binance News
      • Bitcoins News
      • Blockchain News
      • Ethereum News
      • Token Sales News
      • XRP News
    • Technology
      • Artificial Intelligence
      • Big Data
      • Cloud Computing
      • Cybersecurity
      • Gaming
      • Internet of Things
      • Mobile
      • Social Media
      • Transportation
      • VR & AR
    • FinTech
    • Personal finance
    • Grides
      • Crypto
      • FinTech
      • Investing
      • Personal Finance Guides
      • Techonology
    • Tools
      • Coins
      • ICO List
      • Organigations
      • Events
    Cryptonounce.com
    Home » Greenbrier stock slumps 8% after swinging to loss in fiscal first quarter
    Markets

    Greenbrier stock slumps 8% after swinging to loss in fiscal first quarter

    AdmincryptBy AdmincryptJanuary 6, 2023No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Greenbrier Cos. Inc. stock
    GBX,
    -17.90%

    slid 8% in premarket trade Friday, after the maker of railcars and other equipment and services for the freight sector swung to a loss in its fiscal first quarter. Lake Oswego, Ore.-based Greenbrier had a loss of $16.7 million, or 58 cents a share, for the quarter to Nov. 30, after income of $10.8 million, or 32 cents a share, in the year-earlier period. Excluding a noncash asset impairment charge, the company had adjusted per-share earnings of 5 cents, well below the 48 cent FactSet consensus. Revenue rose to $766.5 million from $550.7 million a year ago, ahead of the $740.0 million FactSet consensus. The company won new railcar orders for 5,600 units valued at $700 million in the quarter and delivered 4,800 units. It ended the quarter with a new railcar backlog of 28,300 units valued at an estimated $3.4 billion. The company said it would cease operations at a Portland, Oregon facility after a strategic review of its marine business, resulting in the noncash charge of $24 million for asset impairment. For fiscal 2023, the company is expecting revenue of $3.2 billion to $3.6 billion, while FactSet is expecting $3.3 billion. The stock has fallen 26% in the last 12 months, while the S&P 500
    SPX,
    +2.28%

    has fallen 19%.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleDCP Midstream stock up 5% as Phillips 66 moves to grow its stake
    Next Article World Wrestling Entertainment, Bed Bath & Beyond, Tesla, Costco
    Admincrypt
    • Website

    Related Posts

    Elon Musk’s 2018 tweet on Tesla union campaign illegal, US court rules By Reuters

    April 1, 2023

    Indexes jump on inflation data; Nasdaq posts best qtr since 2020 By Reuters

    March 31, 2023

    Canada clears C$20 billion Rogers-Shaw deal with tough conditions By Reuters

    March 31, 2023

    Sergey Brin and other billionaires subpoenaed in JPMorgan-Epstein lawsuit: report

    March 31, 2023

    Leave A Reply Cancel Reply

    Our Picks
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    Technology

    Ethicists fire back at ‘AI Pause’ letter they say ‘ignores the actual harms’

    By AdmincryptApril 1, 20230

    A group of well-known AI ethicists have written a counterpoint to this week’s controversial letter…

    Elon Musk’s 2018 tweet on Tesla union campaign illegal, US court rules By Reuters

    April 1, 2023

    The Dark Side of ChatGPT: Employees & Businesses Need to Prepare Now

    April 1, 2023

    Solana [SOL] faces pullback retest at $20: Is a recovery likely

    March 31, 2023

    Subscribe to Updates

    Get the latest creative news from CRYPTO NOUNCE.

    NEWS
    • Business
    • Crypto
    • Blockchain
    • Markets
    • Technology
    FEATURED SECTIONS
    • Coins
    • ICO List
    • Organigations
    • Events
    • Grides
    FEATURED LINKS
    • Story of the day
    • Videos
    • Infographics
    CONNECT WITH US
    • Facebook
    • Twitter
    • Telegram
    • LinkedIn
    • Pinterest
    ABOUT US
    • Contact
    • Advertise
    • Sitemap
    Copyright © 2023 Cryptonounce All rights reserved. Cryptonounce.
    • Home
    • Buy Now

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?