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

Freightcar America

09/05/2023 23:40

* FreightCar America Inc  RAIL.OQ  reported a quarterly
adjusted
loss of 19 cents​​ per share for the quarter ended in March. The
mean expectation of two analysts for the quarter was for a loss
of 21 cents per share.
    * Revenue fell 13.1% to $81.00 million from a year ago;
analysts
expected $98.90 million. 
    * The mean earnings estimate of analysts had fallen by
about 330%
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 8.2% this
quarter and lost 10.5% 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 May
9 at 10:40 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.21          -0.19          Beat
 Dec. 31 2022      -0.11          -0.31          Missed
 Sep. 30 2022      -0.24          -0.21          Beat
 Jun. 30 2022      -0.09          -0.11          Missed