Greenbrier reported Q2 FY24 results with $862.7M revenue, 99% fleet utilization, $690M in new orders, and $3.6B backlog. FY24 outlook raised, expects $3.5B-$3.7B in revenue and 23,500-25,000 units delivered. Quarterly dividend of $0.30/share.
Stock futures point to a higher opening on Friday after a sell-off in the previous session, suggesting traders are putting their concerns about interest rate hikes behind them.
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, with the index moving to the "Neutral" zone on Thursday.
U.S. stocks closed lower on Thursday, with the Dow Jones index recording its worst session since March 2023 and also logging losses for the fourth straight day.