- Greenbrier Companies Inc GBX has received new orders totaling 5,500 units valued at more than $530 million received thus far during its fourth fiscal quarter that began on June 1, 2021.
- Orders are from diverse customers and comprise a broad range of railcar types, including intermodal, boxcars, tanks, covered hoppers, and gondolas.
- Greenbrier said new orders increase the backlog and provide further visibility entering fiscal 2022.
- The company expects this order trend to continue into fiscal 2022.
- Price Action: GBX shares are trading higher by 1.03% at $44 during the premarket session on Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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