Greenbrier Companies

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Michael Miller Featured at Next-Gen Freight Rail

Michael Miller, CEO of Genesee & Wyoming (G&W), is among the featured speakers at the Railway Age Next-Gen Freight Rail 2024 Conference. Miller will discuss why “people matter most,” including what G&W

Jim Vena Featured at Next-Gen Freight Rail 2024

Union Pacific (UP) CEO Jim Vena is among the featured speakers at Railway Age’s Next-Gen Freight Rail 2024 Conference, to be held March 12, 2024 at the Union League Club of Chicago. Vena will not

Greenbrier Posts Strong 2Q

The Greenbrier Companies, Inc. reported financial results for its second fiscal quarter ended Feb.28, 2023. Among the results were a GAAP EPS of $0.97, a fleet utilization increase to 99%, and adjusted EPS of $0.99, excluding Gunderson exit-related costs.

Commentary

Greenbrier: Order Activity Remains Healthy

We hosted virtual investor meetings and a group call with Justin Roberts, Greenbrier’s Vice President Corporate Finance and Treasurer. North American demand remains solid, and the production ramp-up appears set to occur without additional disruptions. In Europe, the Ukrainian conflict seems to have caused transitory headwinds, which, we believe, could create noise. We remain constructive but are slightly cautious in the near term.