FreightCar America (NASDAQ:RAIL – Get Free Report) released its earnings results on Wednesday. The transportation company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.16, Zacks reports. FreightCar America had a negative return on equity of 27.10% and a negative net margin of 20.66%. The business had revenue of $137.70 million for the quarter, compared to analyst estimates of $152.02 million. FreightCar America updated its FY 2025 guidance to EPS.
FreightCar America Trading Up 17.5 %
Shares of FreightCar America stock opened at $7.32 on Friday. The firm has a market cap of $139.52 million, a P/E ratio of -1.73 and a beta of 2.08. FreightCar America has a 12 month low of $3.02 and a 12 month high of $16.10. The stock’s fifty day moving average price is $10.41 and its 200-day moving average price is $10.51.
Analyst Ratings Changes
Separately, StockNews.com upgraded FreightCar America from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th.
About FreightCar America
FreightCar America, Inc, through its subsidiaries, engages in design, manufacture, and sale of railcars and railcar components for the transportation of bulk commodities and containerized freight products in the United States and Mexico. It operates in two segments, Manufacturing and Parts. The company offers a range of railcars, including open top hoppers, mill gondola cars, intermodal and non-intermodal flat cars, coal cars; bulk commodity cars covered hopper cars, coil steel cars, boxcars, woodchip hoppers, aluminum vehicle carriers, and articulated bulk container railcars.
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