Greenbrier optimistic for back-half recovery

A photograph of two parked tank cars inside a building.

Railcar manufacturer Greenbrier (NYSE: GBX) is eyeing improving market conditions in the second half of this year, which the company hopes will boost production rates and sales levels at the end of its fiscal year 2021 and into 2022.

Greenbrier on Tuesday reported a net loss of $9.1 million, or 28 cents per share, in the second quarter of its 2021 fiscal year, compared with a net loss of $10 million, or 30 cents per share, in the first quarter of the 2021 fiscal year (see below).

Greenbrier CEO...

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