FreightCar America

FreightCar America, Inc. engages in the manufacture of railcars and railcar components. It operates through the Manufacturing and Corporate and Other segments. The Manufacturing segment includes new railcar manufacturing, used railcar sales, railcar leasing and major railcar rebuilds. The Corporate and Other segment focuses on the sales of parts. The company was founded in 1901 and is headquartered in Chicago, IL.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

FreightCar America reports stellar 2022 results and eyes growth opportunities

FreightCar America's 2022 performance reflects financial strength and operational efficiency, supported by a robust order backlog and strong demand for railcars.
While facing challenges such as production capacity constraints and market entry strategies, the company is well-positioned to capitalize on growth opportunities.
With a positive outlook for 2023 and strategic initiatives in place, FreightCar America is poised for continued success and expansion in the railcar industry.

FreightCar America (RAIL) reports strong Q1 performance and growth outlook

FreightCar America (RAIL) delivered a solid performance in Q1 2023, meeting revenue expectations and demonstrating operational strength.
Despite potential challenges in production capacity and market uncertainties, the company's positive outlook and strategic initiatives position them for growth.
With a strong order backlog, financial resilience, and focus on profitability, FreightCar America is poised to navigate industry dynamics and drive sustainable performance.

FreightCar America reports strong Q2 earnings, raises guidance amid growth

FreightCar America delivered robust Q2 results with significant revenue growth and improved gross margin. The company's strategic initiatives, including the appointment of a new COO and completion of a manufacturing campus in Mexico, position it for future success. Challenges remain in managing foreign currency impacts and operational hurdles.

FreightCar America shows resilience in Q3 amidst industry challenges

FreightCar America navigated challenges with operational efficiency and commercial focus, driving profitability and order backlog strength.
Despite revenue decline and lowered guidance, the company's strategic initiatives position it for growth and improved financial performance.
Opportunities in capital structure enhancement and cost savings present avenues for sustained growth and operational excellence.

FreightCar America reports robust 2023 earnings, eyes growth and efficiency

FreightCar America's strong financial performance in 2023, despite challenges, positions the company for continued growth and operational excellence in 2024.
The completion of the Castanos manufacturing facility and CEO transition signal strategic moves to enhance production capacity and leadership effectiveness.
With revenue and EBITDA growth, positive cash flow, and a focus on operational improvements, FreightCar America is poised for a successful year ahead.

FreightCar America reports stellar Q1 results, eyes sustained growth

FreightCar America's Q1 2024 results reflect strong performance and growth momentum, supported by robust order intake and revenue expansion.
The company's strategic focus on operational excellence, commercialization, and industry dynamics positions it well for future opportunities and challenges in the railcar manufacturing sector.

FreightCar America reports record Q2 earnings and strategic growth plans

FreightCar America delivered exceptional financial results in Q2 2024, with significant revenue growth and raised guidance for the year.
While facing challenges such as inventory timing and production readiness, the company's strong leadership and order backlog position it well for future growth.
By addressing operational challenges and capitalizing on opportunities, FreightCar America can navigate potential hurdles and drive sustained success.

FreightCar America excels in Q3, poised for sustained growth

FreightCar America's Q3 performance reflects resilience and strategic market positioning amidst industry challenges.
With a focus on innovation, growth, and financial stability, the company remains poised for sustained success.
Despite facing industry headwinds, FreightCar America's strong performance and market confidence signal a promising outlook.

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FreightCar America, Inc. (NASDAQ:RAIL ) Q4 2022 Results Conference Call March 28, 2023 11:00 AM ET Company Participants Stephen Poe - Alpha IR Jim Meyer - President and CEO Mike Riordan - CFO Matt Tonn - Chief Commercial Officer Conference Call Participants Justin Long - Stephens Matt Elkott - TD Cowen Operator Greetings, and welcome to FreightCar America's Fourth Quarter and Full Year 2022 Earnings Conference Call. At this time all participants are in a listen-only mode.

FreightCar America, Inc. (RAIL) Q4 2022 Earnings Call Transcript

Fiscal year 2022 revenue up 80%, generating $11.5 million of cash from operations

FreightCar America, Inc. Reports Fourth Quarter and Full Year 2022 Results

FreightCar America, Inc. Announces Agreement to Issue Non-Convertible Preferred Stock to Reduce Debt and Provide Growth Capital

CHICAGO, March 10, 2023 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL), a diversified manufacturer of railroad freight cars, today announced that it will release its fourth quarter and full year 2022 financial results on Monday, March 27, 2023, after the market close. The conference call and live webcast will be held on Tuesday, March 28, 2023 at 11:00 a.m. (Eastern Time), and will be available on the Investor Relations page of the Company's website at www.freightcaramerica.com.

FreightCar America, Inc. to Release Fourth Quarter and Full Year 2022 Results on March 27, 2023

I think there's much to like about the most recent financial results from FreightCar and I think the capital structure remains reasonably strong. I was impressed by the cost control efforts. The shares are even more attractively priced than they were when I last reviewed the name. For that reason, I'll be buying a few more shares today.

Buying More FreightCar America

Freightcar America reported increased revenues and improved gross margins for Q3 2022, while Q4 is expected to be even better. The company is growing rapidly in an attempt to ride the market wave of increased rail car orders and decreasing steel prices.

FreightCar America: This Time I'll Pass

FreightCar America, Inc. (NASDAQ:RAIL ) Q3 2022 Earnings Conference Call November 8, 2022 11:00 AM ET Company Participants Stephen Poe - IR Jim Meyer - President and CEO Mike Riordan - CFO Matt Tonn - Chief Commercial Officer Conference Call Participants Justin Long - Stephens Matt Elkott - Cowen and Company Operator Greetings, and welcome to FreightCar America's Third Quarter Fiscal 2022 Conference Call. [Operator Instructions] It is now my pleasure to introduce your host, Stephen Poe, Investor Relations.

FreightCar America, Inc. (RAIL) Q3 2022 Earnings Call Transcript

FreightCar America executives were upbeat about the market environment for new rail cars despite macroeconomic uncertainties, based on their comments during Tuesday's third-quarter 2022 earnings call with transportation analysts. “The rail car environment is more positive than not,” FreightCar America President and CEO Jim Meyer said.

FreightCar America eyeing market opportunities despite economic headwinds

Third quarter 2022 revenue up 47% year-over-year

FreightCar America, Inc. Reports Third Quarter 2022 Results

CHICAGO, Oct. 25, 2022 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL), a diversified manufacturer of railroad freight cars, today announced that it will release its third quarter 2022 financial results on Monday, November 7, 2022, after the market close. The conference call and live webcast will be held on Tuesday, November 8, 2022 at 11:00 a.m. (Eastern Time), and will be available on the Investor Relations page of the Company's website at www.freightcaramerica.com.

FreightCar America, Inc. to Release Third Quarter 2022 Results on November 7, 2022

FreightCar America is being lifted by the same tide as we see at Greenbrier and Trinity. Old railcars are being retired, so demand for new builds is robust. The company's financial performance has been quite good in my view.

Adding To FreightCar America

CHICAGO, Sept. 06, 2022 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (Nasdaq: RAIL), a diversified manufacturer of railroad freight cars, today announced that senior management will participate in the 15th Annual Cowen Global Transportation & Sustainable Mobility Conference on Wednesday and Thursday, September 7-8, 2022. Jim Meyer, President and Chief Executive Officer, and Michael Riordan, Chief Financial Officer, will be virtually participating in a fireside chat from 2:40 PM CT to 3:10 PM CT on Wednesday, September 7, hosted by Cowen's Transportation, OEMs & Technology analyst, Matt Elkott. Management will also be conducting one-on-one meetings with investors in attendance at the conference.

FreightCar America, Inc. to Attend 15th Annual Cowen Global Transportation & Sustainable Mobility Conference

FreightCar America, Inc. (NASDAQ:RAIL ) Q2 2022 Earnings Conference Call August 9, 2022 11:00 AM ET Company Participants Stephen Poe - Investor Relations Jim Meyer - President and CEO Mike Riordan - CFO Matt Tonn - Chief Commercial Officer Conference Call Participants Justin Long - Stephens Inc Matt Elkott - Cowen and Company Operator Greetings, and welcome to the FreightCar America Second Quarter Fiscal 2022 Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

FreightCar America, Inc. (RAIL) CEO Jim Meyer on Q2 2022 Results - Earnings Call Transcript

Second quarter 2022 revenue up 52% year-over-year and gross margin of 11.6%

FreightCar America, Inc. Reports Second Quarter 2022 Results

CHICAGO, July 26, 2022 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL), a diversified manufacturer of railroad freight cars, today announced that it will release its second quarter 2022 financial results on Monday, August 8, 2022, after the market close. The conference call and live webcast will be held on Tuesday, August 9, 2022 at 11:00 a.m. (Eastern Time), and will be available on the Investor Relations page of the Company's website at www.freightcaramerica.com.

FreightCar America, Inc. to Release Second Quarter 2022 Results on August 8, 2022

Three new members named to the board will serve as independent directors Three new members named to the board will serve as independent directors

FreightCar America, Inc. Announces Additions to Board of Directors

FreightCar America, Inc. (NASDAQ:RAIL ) Q1 2022 Earnings Conference Call May 10, 2022 11:00 AM ET Company Participants Lisa Fortuna - Investor James Meyer - President, CEO & Director Michael Riordan - VP, Finance, CFO & Treasurer Matthew Tonn - Chief Commercial Officer Conference Call Participants George Sellers - Stephens Inc. Matthew Elkott - Cowen and Company Operator Greetings, and welcome to FreightCar America's First Quarter Fiscal 2022 Conference Call. [Operator Instructions].

FreightCar America, Inc. (RAIL) CEO James Meyer on Q1 2022 Results - Earnings Call Transcript

FreightCar America, Inc. (NASDAQ: RAIL) reported first-quarter revenue growth of 188% year-over-year to $93.2 million, beating the consensus of $71.3 million. The company delivered 783 railcars in Q1 versus 309 railcars in Q1 2020.

What's Going On With FreightCar America Shares Today

First quarter 2022 revenue up 188% year-over-year and gross profit of $10.1 million

FreightCar America, Inc. Reports First Quarter 2022 Results

CHICAGO, April 26, 2022 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) will host a conference call and live webcast on Tuesday, May 10, 2022 at 11:00 a.m. (Eastern Time) to discuss the Company's first quarter 2022 financial results. The Company's earnings release will be issued before the market opens on Tuesday, May 10, 2022, and will be available on the Investor Relations page of the Company's website at www.freightcaramerica.com.

FreightCar America, Inc. to Release First Quarter 2022 Results on May 10, 2022

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Freightcar America (RAIL) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Looking for a Fast-paced Momentum Stock at a Bargain? Consider Freightcar America (RAIL)

FreightCar America, Inc. (RAIL) CEO Jim Meyer on Q4 2021 Results - Earnings Call Transcript

We've been waiting for FreightCar America (NASDAQ: RAIL) to put in some solid numbers and after many quarters, systemic headwinds, COVID-related closures, and rising input costs the company has done just that

FreightCar America Finally Gets On Track

FreightCar America, Inc. (NASDAQ: RAIL) reported fourth-quarter revenue growth of 23.8% year-over-year to $75.02 million, beating the consensus of $67 million. The company delivered 604 railcars in Q4 versus 505 railcars prior quarter and 477 railcars in Q4 2020.

News for FreightCar America Stock (RAIL)