Freightcar America beats by $0.48, beats on revs: Reports Q1 (Mar) earnings of $0.81 per share, $0.48 better than the Capital IQ Consensus Estimate of $0.33; revenues rose 203.5% year/year to $219.1 mln vs the $164.81 mln consensus. The co delivered 2,613 railcars to customers in the first quarter of 2012, of which 2,146 were new cars, 80 were used cars and 387 were leased cars.I can't remember any estimate so far off. Earns 81 cents/share; consensus estimate of 33 cents. The analysts must have underestimated all the unit trains hauling oil out of the Bakken.
Tuesday, May 8, 2012
Now, This Is A "Beat" -- Absolutely Nothing To Do With The Bakken -- At Least Directly
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