Recap: FreightCar America Q1 Earnings
FreightCar America (NASDAQ:RAIL) reported its Q1 earnings results on Tuesday, May 10, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings Scheduled For May 10, 2022
Companies Reporting Before The Bell
• The Middleby (NASDAQ:MIDD) is expected to report quarterly earnings at $2.10 per share on revenue of $935.99 million.
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Cyngn Inc. (NASDAQ: CYN) shares jumped 96.3% to close at $2.12 on Thursday after the company announced the official launch of DriveMod Kit, a turnkey autonomous vehicle solution.
FreightCar America’s Return On Capital Employed Overview
According to Benzinga Pro, during Q4, FreightCar America (NASDAQ:RAIL) earned $1.17 million, a 59.37% increase from the preceding quarter. FreightCar America also posted a total of $75.02 million in sales, a 28.66% increase since Q3.
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JX Luxventure Limited (NASDAQ: LLL) shares jumped 119.5% to settle at $4.39 on Tuesday after the company announced it signed a $60 million sales agreement.
Mid-Afternoon Market Update: HireRight Rises Following Q4 Results; Applied Genetic Technologies Shares Fall
U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite climbing more than 200 points on Tuesday.