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Provider: Reuters Investment Profile
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The Greenbrier Companies Inc Lowers FY 2013 Guidance
The Greenbrier Companies Inc announced that based on current business trends, including lower than anticipated demand for new intermodal railcars in 2013 and slower than anticipated ramp up of tank car production, management is revising its outlook for fiscal 2013. Management currently anticipates in fiscal 2013, revenue to be in the range of $1.75 to $1.80 billion and adjusted EBITDA to be in the range of $150 to $155 million (excluding any restructuring costs). According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $1.87 billion and EBITDA of $162 million for fiscal 2013.
Latest Developments for The Greenbrier Companies Inc
- The Greenbrier Companies Inc Issues FY 2013 Guidance Below Analysts' Estimates
- Greenbrier Companies Inc Comments On FY, H1, H2 2013 Guidance
- Greenbrier Companies Inc Again Rejects $22 Per Share Proposal From Carl Icahn And American Railcar Industries Inc
- Greenbrier Companies Inc Comments On FY, H2 2013 Guidance
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