FreightCar America (RAIL) Projected to Post Earnings on Wednesday

FreightCar America (NASDAQ:RAIL) will likely be announcing its earnings results after the market closes on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $152.02 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

FreightCar America Trading Down 9.6 %

NASDAQ:RAIL opened at $6.34 on Tuesday. FreightCar America has a 1 year low of $2.99 and a 1 year high of $16.10. The stock has a 50-day moving average price of $10.57 and a two-hundred day moving average price of $10.53. The stock has a market cap of $120.84 million, a price-to-earnings ratio of -1.50 and a beta of 2.08.

Analyst Upgrades and Downgrades

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