Street Expectation From Freightcar America, Inc. ($RAIL) 2Q20 Earnings?

119

Freightcar America, Inc. (NASDAQ:RAIL) is set to announce second quarter earning results on Monday 10th August 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, RAIL to report 2Q20 loss of $ 0.79 per share.

For the full year, analysts anticipate top line of $ 121.65 million, while looking forward to loss of $ 3.32 per share bottom line.

Previous Quarter Performance

Freightcar America, Inc. unfold loss for the first quarter of $ 1.29 per share, from the revenue of $ 5.20 million. The quarterly revenues decreased 92.64 percent compared with the same quarter last year. Wall street analysts are predicting, RAIL to report 1Q20 loss of $ 0.81 per share from revenue of $ 28.50 million. The bottom line results missed street analysts by $ 0.48 or 59.26 percent, at the same time, top line results fell short of analysts by $ 23.3 million or 81.75 percent.

Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!

Click Here For More Historical Earnings Of Freightcar America, Inc.

Stock Performance

According to the previous trading day, closing price of RAIL was $ 2.03, representing a 178.08 % increase from the 52 week low of $ 0.73 and a 64.2 % decrease over the 52 week high of $ 5.67.

The company has a market capital of $ 27.04 million and is part of the Industrials sector and Railroads industry.

[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”RAIL” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]

FreightCar America, Inc., through its subsidiaries, designs, manufactures, and sells railcars for the transportation of bulk commodities and containerized freight products primarily in North America. It operates through two segments, Manufacturing and Parts. The company offers a range of freight cars, including open top hoppers, covered hoppers, and gondolas; intermodal flats, such as well cars; and non-intermodal flat cars comprising slab, hot slab, ribbon rail, and bulkhead flats.