LAKE OSWEGO, Ore. – The Greenbrier (NYSE:GBX) Firms, Inc. (NYSE:GBX) reported fiscal first quarter 2025 earnings that surpassed analyst expectations, sending its top off 1.6% in early buying and selling.
The freight transportation tools provider posted adjusted earnings per share of $1.72, considerably beating the analyst estimate of $0.95. Income for the quarter got here in at $876 million, exceeding the consensus estimate of $835.4 million.
In comparison with the identical quarter final yr, Greenbrier’s income was up. The corporate’s robust efficiency was attributed to sturdy demand for its freight railcars and associated companies.
The corporate, headquartered in Lake Oswego, Oregon, is a number one worldwide provider of kit and companies to international freight transportation markets. Greenbrier designs, builds, and markets freight railcars in North America, Europe, and Brazil, whereas additionally offering railcar wheel companies, components, upkeep, and leasing companies.
The corporate owns a lease fleet of roughly 15,500 railcars, primarily originating from its manufacturing operations.
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