Freightcar America: Q4 Earnings Snapshot
CHICAGO (AP) _ Freightcar America Inc. (RAIL) on Wednesday reported a loss of $14.4 million in its fourth quarter.
The Chicago-based company said it had a loss of 87 cents per share. Losses, adjusted for one-time gains and costs, came to 41 cents per share.
The rail car maker posted revenue of $60.6 million in the period.
For the year, the company reported that its loss widened to $84.4 million, or $6.29 per share. Revenue was reported as $108.4 million.
The company’s shares closed at $3.24. A year ago, they were trading at 78 cents.