FreightCar America (RAIL) Set to Announce Quarterly Earnings on Wednesday

Posted by Editorial Team on May 6th, 2024

FreightCar America (NASDAQ:RAIL – Get Free Report) will be announcing its earnings results after the market closes on Wednesday, May 8th. FreightCar America has set its FY 2024 guidance at EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

FreightCar America (NASDAQ:RAIL – Get Free Report) last announced its quarterly earnings data on Monday, March 18th. The transportation company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.08). The firm had revenue of $126.60 million during the quarter. On average, analysts expect FreightCar America to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

FreightCar America Stock Performance

Shares of NASDAQ:RAIL opened at $3.86 on Monday. The firm has a 50 day simple moving average of $3.52 and a 200-day simple moving average of $2.93. FreightCar America has a twelve month low of $2.25 and a twelve month high of $4.09.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of FreightCar America in a research report on Thursday, March 21st. They issued a “hold” rating for the company.

Read Our Latest Analysis on RAIL

FreightCar America Company Profile

(Get Free Report)

FreightCar America, Inc, through its subsidiaries, engages in design, manufacture, and sale of railcars and railcar components for the transportation of bulk commodities and containerized freight products in the United States and Mexico. It operates in two segments, Manufacturing and Parts. The company offers a range of railcars, including open top hoppers, mill gondola cars, intermodal and non-intermodal flat cars, coal cars; bulk commodity cars covered hopper cars, coil steel cars, boxcars, woodchip hoppers, aluminum vehicle carriers, and articulated bulk container railcars.