Q1 2025 Financial Performance - Quarterly EPS from continuing operations was $0.29[9] - Revenues reached $585 million, a decrease of 28% year-over-year[13] - Cash flow from continuing operations amounted to $78 million, an increase of $22 million year-over-year[17] - The company completed $34 million in lease portfolio sales, resulting in gains of $6 million[31] Leasing & Services Segment - FLRD increased by 17.9%, and utilization was at 96.8%[9] - The owned fleet comprised 110,150 railcars, with a total owned and investor-owned fleet of 144,365 railcars[31] - Renewal success rate for Q1 2025 was 75%[31] Rail Products Segment - 3,060 new railcars were delivered during the quarter[36] - 695 new railcar orders were placed in the quarter[36] - The backlog at quarter-end was $1.9 billion[36] Market Overview and Outlook - The company expects 2025 EPS to be in the range of $1.40 to $1.60[9] - North American railcar fleet contracted slightly in April, with railcars in storage below 19%[22, 23]