FreightCar America (NASDAQ:RAIL) reported its Q1 earnings results on Tuesday, May 10, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
FreightCar America missed estimated earnings by 228.57%, reporting an EPS of $-0.23 versus an estimate of $-0.07.
Revenue was up $60.87 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 7.76% increase in the share price the next day.
Here's a look at FreightCar America's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.15 | -0.16 | -0.20 | -0.26 |
| EPS Actual | -0.13 | -0.12 | -0.11 | -0.48 |
| Revenue Estimate | 67.00M | 60.00M | 44.00M | 38.20M |
| Revenue Actual | 75.02M | 58.31M | 37.35M | 32.37M |
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.
