FreightCar America Inc reports results for the quarter ended in December - Earnings Summary

Freightcar America

18/03/2024 22:43

* FreightCar America Inc  RAIL.OQ  reported a quarterly
adjusted
loss of 7 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of -31 cents.  The mean expectation of two analysts
for the quarter was for a loss of one cent per share. Wall
Street expected results to range from -3 cents to 1 cents per
share.
    * Revenue fell 1.8% to $126.60 million from a year ago;
analysts
expected $135.00 million. 
    * FreightCar America Inc's reported EPS for the quarter was
a loss
of 24 cents​.
    * FreightCar America Inc shares had risen by 18.9% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 140%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the heavy
machinery &
vehicles peer group is also "hold"

Wall Street's median 12-month price target for FreightCar
America Inc is $4.00 
This summary was machine generated from LSEG data March 18 at
10:42 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.01          -0.07          Missed
 Sep. 30 2023      -0.03          -0.14          Missed
 Jun. 30 2023      -0.12          0.02           Beat
 Mar. 31 2023      -0.21          -0.21          Met