Freightcar America, Inc. (RAIL) to Release Earnings on Monday
Freightcar America, Inc. (NASDAQ:RAIL) will be releasing its earnings data after the market closes on Monday, October 30th. Analysts expect Freightcar America to post earnings of ($0.10) per share for the quarter.
Freightcar America (NASDAQ:RAIL) last posted its earnings results on Wednesday, August 2nd. The transportation company reported ($0.04) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.04). Freightcar America had a net margin of 0.06% and a return on equity of 1.61%. The firm had revenue of $118.67 million during the quarter, compared to analysts’ expectations of $108.43 million. During the same period last year, the company posted ($0.04) EPS. The company’s quarterly revenue was down 5.9% compared to the same quarter last year. On average, analysts expect Freightcar America to post $-0.3 EPS for the current fiscal year and $-0.57 EPS for the next fiscal year.
Shares of Freightcar America, Inc. (RAIL) opened at 19.02 on Monday. The stock has a market capitalization of $236.38 million, a PE ratio of 731.54 and a beta of 1.63. Freightcar America, Inc. has a 52-week low of $10.87 and a 52-week high of $20.46. The stock has a 50 day moving average of $18.75 and a 200 day moving average of $16.92.
A number of analysts have recently issued reports on RAIL shares. Cowen and Company reissued a “hold” rating and set a $15.00 target price on shares of Freightcar America in a research note on Tuesday, July 11th. Zacks Investment Research raised shares of Freightcar America from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research note on Tuesday, July 18th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $15.00 target price on shares of Freightcar America in a research note on Thursday, September 21st. Five research analysts have rated the stock with a hold rating, Freightcar America currently has an average rating of “Hold” and a consensus target price of $16.50.
Freightcar America Company Profile
FreightCar America, Inc is a manufacturer of railcars and railcar components. The Company operates in the Manufacturing segment. The Company designs and manufactures a range of railcar types for transportation of bulk commodities and containerized freight products primarily in North America, including open top hoppers, covered hoppers, and gondolas along with intermodal and non-intermodal flat cars.
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