FreightCar America (NASDAQ: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.
