FreightCar America (RAIL) Tops Q2 EPS by 67c

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Go back to FreightCar America (RAIL) Tops Q2 EPS by 67c

FreightCar America, Inc. Reports Second Quarter 2022 Results

August 8, 2022 4:15 PM EDT

Second quarter 2022 revenue up 52% year-over-year and gross margin of 11.6%

Company raises revenue and delivery outlook for fiscal year 2022

CHICAGO, Aug. 08, 2022 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) (FCA or the Company), a diversified manufacturer of railroad freight cars, today reported results for the second quarter ended June 30, 2022.

Second Quarter 2022 Highlights        

Revenues of $56.8 million, up 52.0% year-over-year, on deliveries of 468 railcarsGross margin of 11.6% with gross profit of $6.6 million and manufacturing operating income of $4.9... More