Greenbrier Companies Inc. , -0.59% reported Monday its fiscal second-quarter profit. The company’s revenue was well above expectations. It raised its full year outlook and increased its forecast as railcar orders remained stable and margins in each business segment improved. The shares of the manufacturer of freight railcars are not yet traded in the premarket. From $12.8 million (38 cents per share) in the previous year, net income increased to $33.1million, or 97cs per share, for the quarter ended February 28. The FactSet consensus of 61cs was beat by 99c adjusted earnings per share, exempting nonrecurring items. Revenue rose 64.3% to $1.12 Billion, surpassing the FactSet consensus at $895.5 Million. From 9.1%, the gross margin grew to 10.4%. The company increased its revenue outlook from $3.2 billion and $3.6 billion to $3.7billion for fiscal 2023. It also raised its delivery guidance from 22,000 to 24,000. The stock has declined 9.9% over the past year, while the S&P 500 has gained 6.9%.