FreightCar America: Q2 Earnings Insights

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FreightCar America RAIL reported its Q2 earnings results on Monday, August 8, 2022 at 04:00 PM.

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

Earnings

FreightCar America missed estimated earnings by 22.22%, reporting an EPS of $-0.11 versus an estimate of $-0.09.

Revenue was up $19.43 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.16 which was followed by a 6.18% increase in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.07 -0.15 -0.16 -0.20
EPS Actual -0.23 -0.13 -0.12 -0.11
Revenue Estimate 71.30M 67.00M 60.00M 44.00M
Revenue Actual 93.24M 75.02M 58.31M 37.35M

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.

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