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FreightCar America, Inc Reports First Quarter 2021

Company raises 2021 delivery outlook Second consecutive quarter of positive gross margins, driven by new operating structure CHICAGO, May 17, 2021 (GLOBE NEWSWIRE) FreightCar America, Inc. (NASDAQ: RAIL) today reported results for the first quarter ended March 31, 2021. Business Highlights           First quarter revenue of $32.4 million, up 523% year-over-year, on deliveries of 309 railcars Gross margin of $1.8 million, positive for the second consecutive quarter despite the operational complexities of completing the transition from Shoals to Castaños First quarter net loss of $38.4 million, or $1.92 per share, which included $6.7 million of restructuring charges and a $22.1 million non-cash charge related to the change in fair market value of warrant liability

Why FreightCar America s Stock Is Trading Lower Today

Why FreightCar America s Stock Is Trading Lower Today FreightCar America (NASDAQ:RAIL) shares are trading lower after the company reported worse-than-expected Q1 sales results and Q1 EPS results down from last year. FreightCar America s stock has been falling Monday, down 17.4% to a price of $5.32. Monday the stock has been traded at a volume of 2.33 million, about 89.29% of its recent 30-day volume average of 2.61 million. The moving average price of the stock over the past 50 days was $5.34 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $8.63 and as low as $0.9.

FreightCar America (RAIL) Reports Q1 Loss of $1 92, Revenues Miss

FreightCar America (RAIL) Reports Q1 Loss of $1 92, Revenues Miss
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The Week Ahead: UK Retail Sales; easyJet, Royal Mail, Walmart Results

Share this Read our pick of the top stories to look out for this week (17-21 May), and view our key company earnings schedule. In this week s video, Michael analyses the week s choppy market moves and key technical levels on the FTSE 100, DAX, S&P 500 and key FX pairs, and looks ahead to the latest US Federal Reserve minutes, UK inflation, unemployment and retail sales data. China retail sales (April) Monday: China’s economy rebounded strongly in Q1, helped by a slow but steady rise in consumer spending. Chinese consumers have struggled to return to the spending levels of the end of 2019, however there have been encouraging signs in recent months. In March, retail sales increased 34.2% year-on-year; well above expectations. However, it needs to be remembered that a year ago sales fell -15.7% in the aftermath of the February lockdown of the entire economy. As a result, the March data would have had an enormous skew. Even so, they were still pretty decent. Industrial production w

12 Industrials Stocks Moving In Friday s After-Market Session

12 Industrials Stocks Moving In Friday s After-Market Session Gainers Textainer Group Holdings (NYSE:TGH) shares rose 4.98% to $29.88 during Friday’s after-market session. Today’s trading volume for this security ended up closing at 38.8K shares, which is 6.2 percent of its average volume over the last 100 days. The company’s market cap stands at $1.4 billion. As per the news, the Q1 earnings report came out 3 days ago. Orbital Energy Group (NASDAQ:OEG) shares moved upwards by 2.72% to $3.39. Trading volume for this security closed at 6.8K, accounting for 0.28% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $157.8 million.

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