Reuters logo
BRIEF-FreightCar America reports Q3 loss per share of $0.94 including items
November 1, 2017 / 10:13 PM / in 20 days

BRIEF-FreightCar America reports Q3 loss per share of $0.94 including items

Nov 1 (Reuters) - Freightcar America Inc:

* FreightCar America reports third quarter 2017 results

* Q3 loss per share $0.94 including items

* Q3 revenue $72 million versus i/b/e/s view $87.8 million

* Q3 earnings per share view $-0.17 -- Thomson Reuters I/B/E/S

* Board of directors approved suspension of company’s quarterly dividend to its shareholders​

* Suspension of quarterly dividend is expected to result in additional liquidity of approximately $1.1 million per quarter​

* New orders for 920 railcars received during quarter​

* Full year 2017 delivery range increased 300 units to between 4,600 and 4,800 railcars​

* Diversified backlog totaling 3,317 railcars at September 30, 2017, valued at approximately $291 million​

* Delivered 829 railcars in Q3 of 2017 compared to 1,214 railcars delivered in Q3 of 2016​ Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below