FreightCar America Tumbles on 4Q Revenue Decline, Swing to Loss

Dow Jones
Mar 10
 

By Elias Schisgall

 

Shares of FreightCar America tumbled after the company posted lower revenue and swung to a loss in the fourth quarter.

Shares fell 23% to $9.81 in Tuesday morning trading. The stock is up 55% over the past 12 months.

The freight car manufacturer and supplier on Monday posted a loss of $16.6 million, or 52 cents a share, compared with a profit of $34.6 million, or $1.01 a share, a year earlier.

Stripping out certain one-time items, the company reported adjusted earnings of 16 cents a share. Analysts polled by FactSet were expecting 19 cents a share.

Revenue fell to $125.6 million, down from $137.7 million a year prior. Analysts were expecting $144.9 million in revenue.

The company delivered 1,172 railcar units, compared with 1,019 a year earlier.

For the current year, the company is expecting revenue of between $500 million to $550 million, representing 4.8% growth at the midpoint. It expects to deliver between 4,000 and 4,500 railcars, reflecting 3% growth at the midpoint.

Analysts are expecting $625.6 million in revenue for the year.

 

Write to Elias Schisgall at elias.schisgall@wsj.com

 

(END) Dow Jones Newswires

March 10, 2026 10:29 ET (14:29 GMT)

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