Greenbrier (GBX) announced that quarterly profits declined by 22 percent during the quarter due to a 27 percent decline in deliveries. Net income was $13.8 million, or 45 cents per share, versus $17.7 million, or 57 cents per share, in the same period last year. Revenue dropped from $458.2 million to $423.2 million.
Shares are lower in early trading.
Compuware (CPWR) announced that it expects results in the fourth quarter to be below analyst estimates due to delays in closing deals. The company expects adjusted earnings of 5 to 6 cents per share on revenue of $237 million to $241 million. Analysts expected earnings of 15 cents per share on revenue of $272.8 million.
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