FreightCar America (RAIL) Tops Q1 EPS by 14c, Beat on Revenues

FreightCar America (NASDAQ: RAIL) reported Q1 EPS of $0.05, $0.14 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $139.5 million versus the consensus estimate of $99.93 million.

Highlights

• First quarter revenue of $139.5 million on deliveries of 1,525 units
• First quarter net income of $0.6 million, or $0.05 per diluted share
• Diversified backlog totaling 2,802 railcars valued at $285 million
• Total cash, cash equivalents, marketable securities and restricted cash of $114.8 million at March 31, 2017
• Full year 2017 delivery range increased to be between 4,200 and 4,400 railcars

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

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