FreightCar America (RAIL) Tops Q2 EPS by 17c; Raises Guidance

Go back to FreightCar America (RAIL) Tops Q2 EPS by 17c; Raises Guidance

FreightCar America, Inc. Reports Second Quarter 2023 Results

August 7, 2023 4:15 PM EDT

Company delivers strong quarterly results realizing significant revenue growth and gross margin expansion

Raises guidance for fiscal year 2023

CHICAGO, Aug. 07, 2023 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) (FreightCar America or the Company), a diversified manufacturer of railroad freight cars, today reported results for the second quarter ended June 30, 2023.

Second Quarter 2023 Highlights

Revenues of $88.6 million on 760 railcar deliveries, up 56% compared to revenues of $56.8 million on 468 railcar... More