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Freightcar America: Q1 Earnings Snapshot

Freightcar America: Q1 Earnings Snapshot

By AP News
Published - May 09, 2023, 06:39 PM ET
Last Updated - Jun 21, 2023, 09:20 PM EDT

CHICAGO (AP) — CHICAGO (AP) — Freightcar America Inc. (RAIL) on Tuesday reported a loss of $5 million in its first quarter.

On a per-share basis, the Chicago-based company said it had a loss of 19 cents. Losses, adjusted for non-recurring gains, came to 21 cents per share.

The rail car maker posted revenue of $81 million in the period.

Freightcar America expects full-year revenue in the range of $400 million to $430 million.

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