Greenbrier (NYSE: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 (NASDAQ: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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