FreightCar America (RAIL) Projected to Post Earnings on Wednesday

FreightCar America (NASDAQ:RAIL) is expected to be posting its quarterly earnings results after the market closes on Wednesday, March 12th. Analysts expect FreightCar America to post earnings of $0.05 per share and revenue of $152.02 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

FreightCar America Stock Performance

FreightCar America stock opened at $7.01 on Monday. The stock has a 50-day moving average of $10.57 and a two-hundred day moving average of $10.53. FreightCar America has a one year low of $2.99 and a one year high of $16.10. The stock has a market cap of $133.61 million, a PE ratio of -1.65 and a beta of 2.08.

Analyst Ratings Changes

Separately, StockNews.com upgraded FreightCar America from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th.

About FreightCar America

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.