Greenbrier, IHS Report Earnings Friday, January 6, 10:24 AM ET
GBX) today reported a quarterly profit that beat estimates helped by increased rail traffic as a result of higher demand from the U.S.
energy market. The company also believes that 2012 earnings will be substantially higher than 2011.
First quarter net income was $14.5 million, or 48 cents per share, versus a loss of $2.3 million, or 11 cents per share, in the same period last year.
Revenue was double that of the same period last year, at $398.2 million. Analysts had expected earnings of 46 cents per share and revenue of $404.4 million.
IHS) today reported that the company earned $22.7 million, or 34 cents a share compared $36.5 million, or 56 cents a share last year in its first quarter.
Excluding one time items, IHS earned 99 cents a share, beating the 93 cents estimated by analysts.
Revenue was $371 million, while analysts were expecting $363.3 million.
The company reiterated its 2012 revenue guidance of $1.50 billion to $1.55 billion and estimated earnings in the range of $3.84 to $4.01.
For MarketNewsVideo.com, I'm Sayoko Murase.
Tuesday Sector Leaders: Drugs, Gaming
Related symbols: ZGNX, KYTH, BYD, PNK
Tuesday Sector Laggards: Defense, Education & Training Services
Related symbols: RTX, ASTC, BPI, COCO
Monday Sector Leaders: Auto Parts, Beverages & Wineries
Related symbols: UQM, BLDP, ROX, SODA
Tuesday's ETF with Unusual Volume: SLY
Related symbols: SLY, BYD, JOSB, TESO
Tuesday's ETF Movers: ICF, XOP
Related symbols: BXP, DEI, REN, EGY, XOP, ICF
XHB, EIS: Big ETF Outflows
Related symbols: XHB, EIS, USG, DHI
Daily Dividend Report: CHK, IFF, VMI, VGR
Related symbols: CHK, IFF, VMI, VGR
Daily Dividend Report: VZ, PBA, GNTX, MFA
Related symbols: VZ, PBA, GNTX, MFA
Daily Dividend Report: HRC, TCO, AMT, CVS
Related symbols: HRC, TCO, AMT, CVS
Weekly Market Wrap: March 7, 2014
Related symbols: GD, TCO, HRC
Weekly Market Wrap: February 28, 2014
Related symbols: M, TOL, TGT
Weekly Market Wrap: February 21, 2014
Related symbols: SIG, ZLC, KO, WMT, DISH
Week Ahead Market Report: March 10, 2014
Related symbols: AEO, GMO, DG, ANN
Week Ahead Market Report: March 3, 2014
Related symbols: RSH, BYD, ALG, VLP
Dow Movers: JPM, WMT
Related symbols: JPM, WMT
All videos » |
Stock market definitions »
Greenbrier, IHS Report Earnings
| Market News Video | Copyright © 2008 - 2014, All Rights Reserved
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.