FreightCar America (RAIL) Projected to Post Earnings on Wednesday

FreightCar America (NASDAQ:RAIL) will likely be posting its quarterly earnings results after the market closes on Wednesday, March 12th. Analysts expect FreightCar America to post earnings of $0.05 per share and revenue of $152.02 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

FreightCar America Price Performance

Shares of RAIL opened at $7.01 on Monday. The stock has a market capitalization of $133.61 million, a price-to-earnings ratio of -1.65 and a beta of 2.08. FreightCar America has a 1 year low of $2.99 and a 1 year high of $16.10. The business’s 50 day simple moving average is $10.57 and its 200-day simple moving average is $10.53.

Analyst Ratings Changes

Separately, StockNews.com upgraded FreightCar America from a “hold” rating to a “buy” rating in a report 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.