Train maker Greenbrier’s stock rallies toward the best monthly performance in 14 years after a 2nd-straight blowout earnings report

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Shares of Greenbrier Companies Inc. gained 2.4% toward a 13-month high in afternoon trading Friday, to put them on track for the biggest monthly gain in 14...

Shares of Greenbrier Companies Inc. GBX gained 2.4% toward a 13-month high in afternoon trading Friday, to put them on track for the biggest monthly gain in 14 years in the wake of the railcar maker’s second-straight blowout earnings report. The stock had rocketed a record 31.8% on Thursday after the company reported fiscal third-quarter adjusted earnings per share of $1.02, or 71% above the FactSet consensus of 60 cents, which followed a 63% beat in the first quarter. Revenue jumped 31% to $1.

4% toward a 13-month high in afternoon trading Friday, to put them on track for the biggest monthly gain in 14 years in the wake of the railcar maker’s second-straight blowout earnings report. The stock had rocketed a record 31.8% on Thursday after the company reported fiscal third-quarter adjusted earnings per share of $1.02, or 71% above the FactSet consensus of 60 cents, which followed a 63% beat in the first quarter. Revenue jumped 31% to $1.

 

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