FreightCar America, Inc. (RAIL) Posts Surprise Q3 Loss
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FreightCar America, Inc. (NASDAQ: RAIL) reported Q3 EPS of ($0.20), versus the analyst estimate of $0.05. Revenue for the quarter came in at $130.1 million versus the consensus estimate of $99.9 million.
The Company delivered 1,515 railcars to customers in the third quarter of 2011, all of which were new railcars. This compares to 1,309 new and leased railcars delivered in the second quarter of 2011 and 600 new railcars delivered in the third quarter of 2010.
The Company delivered 1,515 railcars to customers in the third quarter of 2011, all of which were new railcars. This compares to 1,309 new and leased railcars delivered in the second quarter of 2011 and 600 new railcars delivered in the third quarter of 2010.
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