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News

Recap: FreightCar America Q4 Earnings

Author: Benzinga Insights | March 18, 2024 04:30pm

FreightCar America (NASDAQ:RAIL) reported its Q4 earnings results on Monday, March 18, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

FreightCar America missed estimated earnings by -600.0%, reporting an EPS of $-0.07 versus an estimate of $-0.01.

Revenue was down $2.38 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.1 which was followed by a 7.000000000000001% drop in the share price the next day.

Here's a look at FreightCar America's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.04 -0.12 -0.21 -0.11
EPS Actual -0.14 0.02 -0.21 -0.31
Revenue Estimate 102.30M 95.40M 98.90M 118.60M
Revenue Actual 61.89M 88.60M 81.00M 128.99M

To track all earnings releases for FreightCar America visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: RAIL