FreightCar America Q4 EPS $(0.07) Misses $(0.01) Estimate, Sales $126.60M Miss $135.00M Estimate
Portfolio Pulse from dijoy@benzinga.com
FreightCar America (NASDAQ:RAIL) reported Q4 earnings with a loss of $(0.07) per share, missing the $(0.01) estimate by 600%. Sales were $126.60M, missing the $135.00M estimate by 6.22%, marking a 1.85% decrease from the previous year.
March 18, 2024 | 8:29 pm
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FreightCar America reported a significant miss in Q4 EPS and sales, with losses widening and sales decreasing compared to last year.
The significant miss in both EPS and sales estimates for FreightCar America indicates potential concerns about the company's profitability and revenue generation capabilities. Such misses can lead to negative investor sentiment and pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100