Greenbrier (GBX) Stock Gains Despite Earnings Miss

The Lake Oswego, OR-based company reported third quarter net income of $42.8 million, or $1.49 per share on an adjusted basis on revenue that grew 20.4% over the previous year to $714.6 million. Analysts on average were expecting the company to report earnings of $1.63 per share on revenue of $740.66 million.