Freightcar America: Fourth Quarter Earnings Overview

Freightcar America Inc. Reports Fourth Quarter Results

Freightcar America Inc., headquartered in Chicago, announced on Monday that it recorded a net loss of $16.6 million for the fourth quarter.

The company reported a per-share loss of 52 cents during this period. After adjusting for one-time items and pretax charges, earnings were 16 cents per share.

During the quarter, the manufacturer of rail cars generated $125.6 million in revenue.

Looking at the full year, Freightcar America achieved a profit of $38.1 million, translating to $1.09 per share, with total revenue reaching $501 million.

For the upcoming year, the company anticipates its revenue will fall between $500 million and $550 million.