Earnings Roundup: Greenbrier, ISCA

The following is TheStreet's rundown of the week's most important earnings releases.

THURSDAY'S EARNINGS:

GREENBRIER (GBX) SURPRISES WITH THIRD QUARTER PROFIT

Revenue: Revenue dropped 13% to $211 million, slightly below estimates, led by a slump in the refurbishment and parts business.

Earnings: Cost cutting helped drive profits to 23 cents a share, surprising analysts who forecast a loss of 2 cents a share.

Outlook: The company continues to foresee a stronger second half on the back of improving gross margins, though revenues will remain lower than 2009.

Share performance: The stock rose 10.3% to $11.90 in early Thursday trading. See recent Greenbrier stock action here.


INTERNATIONAL SPEEDWAY (ISCA) LOWERS FULL-YEAR OUTLOOK

Revenue: Second-quarter revenue declined 6% to $142.2 million, hurt by lower attendance levels.

Earnings: Profits excluding special items declined 37% to 22 cents a share from 35 cents in the year-ago quarter.

Outlook: The company lowered its full-year earnings outlook to a range of $1.50 to $1.60 a share based on continuing weakness in job-growth and consumer spending trends. Estimates were pegged at $1.64 a share.

Share performance: The stock traded flat following the announcement. See recent ISCA stock action here.


WEDNESDAY'S EARNINGS:

FAMILY DOLLAR (FDO) PROVIDES CAUTIOUS OUTLOOK

Revenue: Third-quarter revenue grew 8.4% to nearly $2 billion, driven by an increase in customer traffic. Same-store sales rose 7%.

Earnings: Profits increased 24% to 77 cents per share, beating estimates of 76 cents.

Outlook: The challenging environment is expected to continue. The company expects earnings between 46 cents and 51 cents for the fourth quarter, below estimates of 53 cents.

Share performance: The stock fell 5.70% at the start of trading to $39.44. See recent Family Dollar stock action here.

-- Reported by Shanthi Venkataraman in New York.

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