Greenbrier slides after cutting FY profit, revenue forecasts

Shares of railroad equipment maker Greenbrier Companies GBX.N fall 6% to $44.8 premarket

GBX cuts full-year revenue guidance to the range of $2.4 billion - $2.5 billion from prior forecast of $2.7 billion - $3.2 billion

Company also cuts full-year EPS forecast to $3 - $3.5 from prior guidance of $3.75 - $4.75

Reports Q2 revenue of $587.5 million, down from $762.1 million a year ago; Q2 EPS of 47 cents, down from $1.56 a year ago

GBX also cuts its delivery forecast to 15,350 - 16,350 units for the full year, down from its prior forecast of 17,500 - 20,500 units

As of last close, GBX shares up almost 2% YTD after falling more than 23% in 2025