AP NEWS

Freightcar America: 2Q Earnings Snapshot

August 2, 2018

CHICAGO (AP) _ Freightcar America Inc. (RAIL) on Wednesday reported a loss of $2.3 million in its second quarter.

The Chicago-based company said it had a loss of 19 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 46 cents per share.

The rail car maker posted revenue of $66.7 million in the period.

Freightcar America shares have climbed 10 percent since the beginning of the year. The stock has climbed 15 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RAIL at https://www.zacks.com/ap/RAIL

AP RADIO
Update hourly