FreightCar America Q3 2023 Adj EPS $(0.14) Misses $(0.04) Estimate, Sales $61.89M Miss $102.30M Estimate
Portfolio Pulse from totan@benzinga.com
FreightCar America (NASDAQ:RAIL) reported Q3 2023 losses of $(0.14) per share, missing the analyst consensus estimate of $(0.04) by 250 percent. This is a 33.33 percent increase over losses from the same period last year. The company also reported quarterly sales of $61.89 million, missing the analyst consensus estimate of $102.30 million by 39.50 percent, a 27.81 percent decrease from the same period last year.
November 06, 2023 | 9:48 pm
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FreightCar America's Q3 2023 earnings missed analyst estimates, with losses increasing and sales decreasing compared to the same period last year.
FreightCar America's Q3 2023 earnings report shows a significant miss on both earnings per share and sales estimates. This indicates a weaker financial performance than expected, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
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RELEVANCE 100