The Greenbrier Companies, Inc. (NYSE:GBX) Q2 2025 Earnings Conference Call April 7, 2025 5:00 PM ET
Company Participants
Justin Roberts – Vice President, Financial Operations, The Americas
Lorie Tekorius – President and Chief Executive officer
Brian Comstock – Executive Vice President and President, The Americas
Michael Donfris – Senior Vice President and Chief Financial Officer
Conference Call Participants
Ken Hoexter – Bank of America
Harrison Bauer – Susquehanna
Operator
Hello, and welcome to The Greenbrier Companies Second Quarter 2025 Earnings Conference Call. Following today’s presentation, we will conduct a question-and-answer session. Until that time, all lines will be in a listen-only mode. At the request of The Greenbrier Companies, this conference call is being recorded for instant replay purposes.
At this time, I would like to turn the conference over to Mr. Justin Roberts, Vice President and Treasurer. Mr. Roberts, you may begin.
Justin Roberts
Thank you, Nick. Good afternoon, everyone, and welcome to our second quarter fiscal 2025 conference call. Today, I’m joined by Lorie Tekorius, Greenbrier’s CEO and President; Brian Comstock, Executive Vice President and President of The Americas; and Michael Donfris, Senior Vice President and CFO.
Following our update on Greenbrier’s Q2 performance and our outlook for the remainder of fiscal ’25, we will open up the call for questions. Our earnings release and supplemental slide presentation can be found on the IR section of our website. Matters discussed on today’s conference call include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Throughout our discussion today, we will describe some of the important factors that could cause Greenbrier’s actual results in 2025 and beyond to differ materially from those expressed in any forward-looking statement made by or on behalf of Greenbrier. We will refer to recurring revenue throughout our comments today. Recurring revenue is defined as leasing and fleet
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