Greenbrier Companies, Inc. (GBX) shares are gaining more than 11 percent on Wednesday morning trade after the company said it expects second-quarter preliminary revenue of approximately $1.1 billion and earnings per share of $0.95-$1.00 per share.
The current projection for deliveries is 7200 units. The company further noted that it is well-positioned and moving ahead in its markets.
Greenbrier has scheduled its earnings announcement on April 10.
Currently, shares are at $31.76, up 11.87 percent from the previous close of $28.39 on a volume of 137,513.
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