Freightcar America: Q1 Earnings Snapshot
Posted May 17, 2021 7:52 am.
Last Updated May 17, 2021 7:54 am.
CHICAGO (AP) _ Freightcar America Inc. (RAIL) on Monday reported a loss of $38.4 million in its first quarter.
On a per-share basis, the Chicago-based company said it had a loss of $1.92. Losses, adjusted for non-recurring costs and restructuring costs, were 48 cents per share.
The rail car maker posted revenue of $32.4 million in the period.
Freightcar America shares have more than doubled since the beginning of the year. The stock has risen sixfold in the last 12 months.
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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
The Associated Press
