09:16 AM EDT, 04/05/2024 (MT Newswires) -- The Greenbrier Companies ( GBX ) reported fiscal Q2 diluted earnings Friday of $1.03 per diluted share, up from $0.97 a year earlier.

Four analysts surveyed by Capital IQ expected $0.90.

Revenue for the quarter ended Feb. 29 was $862.7 million, down from $1.12 billion a year earlier.

Four analysts polled by Capital IQ expected $841.6 million.

The company said it expects fiscal 2024 revenue of $3.50 billion to $3.70 billion. Analysts surveyed by Capital IQ are expecting $3.55 billion.

Shares of Greenbrier were up more than 4% in recent Friday premarket activity.

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