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Market Impact: 0.4

FreightCar America Slips To Loss In Q4

RAIL
Corporate EarningsCompany FundamentalsTransportation & Logistics

FreightCar America reported a fourth-quarter net loss of $16.58M ($0.52/share) versus net income of $34.62M ($1.01/share) a year earlier, a year-over-year swing of $51.20M and $1.53 per share. The results represent a material earnings deterioration that will likely pressure the equity and could raise questions about near-term operational or demand challenges.

Analysis

FreightCar America reported a fourth-quarter net loss of $16.58M ($0.52/share) versus net income of $34.62M ($1.01/share) a year earlier, a year-over-year swing of $51.20M and $1.53 per share. The results represent a material earnings deterioration that will likely pressure the equity and could raise questions about near-term operational or demand challenges.

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