FreightCar America Sees FY23 Revenue $365M-$380M Vs $418.5M Est.
Portfolio Pulse from Benzinga Newsdesk
FreightCar America has projected its FY23 revenue to be between $365M and $380M, which is lower than the estimated $418.5M.
November 06, 2023 | 9:53 pm
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FreightCar America, listed as RAIL, has projected lower than expected revenues for FY23.
FreightCar America's lower than expected revenue projection for FY23 could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100