Railcar manufacturer Greenbrier (NYSE: GBX) is eyeing a potential market recovery in the second half of 2021, provided that the COVID-19 pandemic doesn’t become worse.
The Oregon-headquartered company shared its outlook as it announced that it sustained a net loss of $10 million, or 30 cents per diluted share, in its fiscal-year first quarter that ended on Nov. 30 (see below).
“Greenbrier’s operating footprint is well suited for the market recovery, expected in the second half of calendar 2021....
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