FreightCar America, Inc. (RAIL) reported third quarter net income attributable to FreightCar America of $1.07 million or $0.09 per share, compared to $10.04 million or $0.85 per share last year. The company said that the prior year results were restated.
On average, 7 analysts polled by Thomson Reuters expected the company to report earnings of $0.22 per share. Analysts' estimates typically exclude special items.
Revenues fell to $55.13 million from $238 million in the year ago quarter. Three analysts estimated revenues of $78 million.
For comments and feedback: editorial@rttnews.com