LONDON -- Railroad freight car manufacturer Greenbrier Cos. said Thursday that its fiscal fourth-quarter net profit fell 9.3% to $6.7 million, or 37 cents a share, from $7.4 million, or 45 cents a share, a year earlier. Revenue for the quarter fell 36% to $230.4 million. Earnings for the quarter included a tax benefit of 37 cents a share as well severance costs, write-offs and other charges of 14 cents a share. Analysts polled by FactSet had been expecting a loss of one cent a share for the quarter on revenue of $246.3 million. The group said new railcar deliveries halved from a year earlier to 900 units. The company said it is still in talks with General Electric, which wants to reduce or cancel deliveries under a long-term contract. Around 85% of the group's order backlog are subject to the GE order.

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