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

Freightcar America

07/08/2023 23:25

* FreightCar America Inc  RAIL.OQ  reported a quarterly
adjusted
loss of 73 cents​​ per share for the quarter ended in June. The
mean expectation of two analysts for the quarter was for a loss
of 12 cents per share.
    * Revenue rose 56% to $88.60 million from a year ago;
analysts
expected $95.40 million. 
    * The mean earnings estimate of analysts had risen by
about 27.3%
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 fallen by 0.7% this
quarter and lost 7.5% so far this year.
    * Wall Street's median 12-month price target for FreightCar
America Inc is $4.00 
    * 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 LSEG Refinitiv data
August 7 at 10:25 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.12          -0.73          Missed
 Mar. 31 2023      -0.21          -0.21          Met
 Dec. 31 2022      -0.11          -0.31          Missed
 Sep. 30 2022      -0.24          -0.21          Beat