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

Freightcar America

08/08/2022 23:26

* FreightCar America Inc  RAIL.OQ  reported a quarterly
adjusted
loss of 11 cents​​ per share for the quarter ended in June. The
mean expectation of two analysts for the quarter was for a loss
of 9 cents per share.
    * Revenue rose 52% to $56.79 million from a year ago;
analysts
expected $72.90 million. 
    * FreightCar America Inc's reported EPS for the quarter was
58
cents​.
    * The mean earnings estimate of analysts had fallen by
about 50%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * FreightCar America Inc shares had risen by 24.5% this
quarter and gained 22.8% so far this year.
    * The company reported quarterly net income of $14.54
million.
    * Wall Street's median 12-month price target for FreightCar
America Inc is $4.16 
    * 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." 

This summary was machine generated from Refinitiv data August 8
at 10:26 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.09          -0.11          Missed
 Mar. 31 2022      -0.07          -0.21          Missed
 Dec. 31 2021      -0.15          -0.13          Beat
 Sep. 30 2021      -0.16          -0.41          Missed