LAKE OSWEGO, Ore. - The Greenbrier (NYSE:GBX) Companies, Inc. (NYSE:GBX) reported fiscal first quarter 2025 earnings that surpassed analyst expectations, sending its stock up 1.6% in early trading.
The freight transportation equipment supplier posted adjusted earnings per share of $1.72, significantly beating the analyst estimate of $0.95. Revenue for the quarter came in at $876 million, exceeding the consensus estimate of $835.4 million.
Compared to the same quarter last year, Greenbrier's revenue was up. The company's strong performance was attributed to robust demand for its freight railcars and related services.
The company, headquartered in Lake Oswego, Oregon, is a leading international supplier of equipment and services to global freight transportation markets. Greenbrier designs, builds, and markets freight railcars in North America, Europe, and Brazil, while also providing railcar wheel services, parts, maintenance, and leasing services.
The company owns a lease fleet of approximately 15,500 railcars, primarily originating from its manufacturing operations.
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