Freightcar America: 2Q Earnings Snapshot
Aug. 02, 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.