FreightCar America (RAIL) Reports In-Line Q1 EPS

FreightCar America (NASDAQ: RAIL) reported Q1 EPS of $0.02, in-line with the analyst estimate of $0.02. Revenue for the quarter came in at $161.1 million versus the consensus estimate of $117.3 million.

Mike Riordan, Chief Financial Officer of FreightCar America, commented, “With the start of the year playing out in line with what we initially expected, we are reaffirming our full year guidance ranges. Furthermore, with the completion of the new manufacturing campus, and as we look ahead, we believe that we are extremely well positioned to enhance shareholder value by capturing incremental share, while remaining focused on margin, as industry demand improves.”

For earnings history and earnings-related data on FreightCar America (RAIL) click here.

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