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Actionable news in GBX: THE GREENBRIER COMPANIES Inc,

Greenbrier (GBX) Stock Climbs Despite Q2 Earnings Miss

NEW YORK (TheStreet) -- Shares of Greenbrier Cos. (GBX - Get Report) are gaining by 4.44% to $27.74 on heavy trading volume Tuesday afternoon, even though the Lake Oswego, OR-based company posted lower-than-expected results for the 2016 fiscal second quarter.

Before today's market open, the railcar maker reported earnings of $1.41 per diluted share, missing analysts' estimates of $1.56 per share.

Revenue rose by 6.2% to $669.1 million, but fell short of Wall Street's expectations of $730 million.

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As a whole, the railway...


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