Greenbrier jumps on annual revenue forecast raise

The Greenbrier Companies

29/06/2023 14:27

** Shares of U.S. railcar maker Greenbrier Cos  GBX.N  up
12.3% at $36.47 premarket
    ** Co lifts annual revenue forecast, betting on rising
orders and higher prices in maintenance services offered
    ** Projects full-year revenue between $3.8 bln and $3.9 bln,
compared with previous forecast of $3.4 bln to $3.7 bln
    ** Also beats Q3 revenue and profit expectations, per
Refinitiv data
    ** Up to last close, stock had fallen over 3% in 2023

 (Reporting by Anne Florentyna Gnanaraja Sekar in Bengaluru)
 ((AnneFlorentyna.GnanarajaSekar@thomsonreuters.com;))