FreightCar America Inc reports results for the quarter ended September 30 - Earnings Summary

Freightcar America

12/11/2024 15:33

* FreightCar America Inc  RAIL.OQ  reported quarterly
adjusted
earnings of 23 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of -14 cents.  The lone analyst forecast for the
quarter was for earnings of 8 cents per share. 
    * Revenue rose 83% to $113.26 million from a year ago;
analysts
expected $137.83 million. 
    * FreightCar America Inc's reported EPS for the quarter was
a loss
of $3.57​.
    * The company reported a quarterly loss of $107.05 million.
    * FreightCar America Inc shares had risen by 45.6% this
quarter and gained 481.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 14.3%
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 "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the heavy
machinery &
vehicles peer group is also "buy"

Wall Street's median 12-month price target for FreightCar
America Inc is 12.00 
This summary was machine generated from LSEG data November 12 at
03:32 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
 Sep. 30 2024      0.08           0.23           Beat
 Jun. 30 2024      0.05           0.05           Met
 Mar. 31 2024      0.02           0.02           Met
 Dec. 31 2023      -0.01          -0.07          Missed