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Freightcar America's Q4 Adjusted Loss Narrows, Revenue Slips; Sets Fiscal 2024 Sales Guidance
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Freightcar America's Q4 Adjusted Loss Narrows, Revenue Slips; Sets Fiscal 2024 Sales Guidance
Mar 19, 2024 3:26 AM

05:57 AM EDT, 03/19/2024 (MT Newswires) -- Freightcar America ( RAIL ) reported a Q4 adjusted loss late Monday of $0.07 per diluted share, compared with a loss of $0.31 a year earlier.

Two analysts polled by Capital IQ expected a loss of $0.01.

Revenue for the quarter ended Dec. 31 was $126.6 million, down from $129 million a year earlier.

Analysts surveyed by Capital IQ expected $135 million.

The company said it expects fiscal 2024 revenue of $520 million to $572 million. A single analyst polled by Capital IQ expects $459.1 million.

Price: 3.19, Change: -0.02, Percent Change: -0.62

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