Freightcar America (RAIL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Freightcar America (RAIL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
FreightCar America, Inc. (NASDAQ:RAIL ) Q4 2024 Earnings Conference Call March 13, 2025 11:00 AM ET Company Participants Chris O'Dea - IR, Riveron IR Nick Randall - President and CEO Matthew Tonn - CCO Mike Riordan - CFO Conference Call Participants Mark Reichman - Noble Capital Markets Brendan McCarthy - Sidoti & Company Operator Greetings, and welcome to FreightCar America's Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participant lines are in a listen-only mode.
Upbeat railcar deliveries are expected to have aided RAIL's fourth-quarter 2024 performance.
Freightcar America (RAIL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here is how LATAM (LTM) and Freightcar America (RAIL) have performed compared to their sector so far this year.
FreightCar America restructured by redeeming preferred shares with a $115 million term loan, simplifying finances but potentially limiting 2025 capex growth. The new loan terms include a 10.27% interest rate, translating to $11.8 million annually, saving $8.0 million compared to preferred shares. The restructuring negatively impacts cash flow, requiring $14.6 million outflow in 2025, likely capping capex at $12 million and slowing short-term revenue growth.
FreightCar America's Q3 2024 results showed a positive EPS surprise but missed revenue targets, causing a 36% drop in share price. Despite market concerns, the drop in share price seems overblown given RAIL's maintained guidance and market share gains. Tariff impacts on steel costs are a concern, but the risk is mitigated by low reliance on Chinese imports.
FreightCar America, Inc. (NASDAQ:RAIL ) Q3 2024 Earnings Conference Call November 12, 2024 11:00 AM ET Company Participants Chris O'Dea - Riverton Investor Relations Nicholas Randall - President and Chief Executive officer Mike Riordan - Chief Financial Officer Matthew Tonn - Chief Commercial Officer. Conference Call Participants Mark Reichman - Noble Capital Markets Brendan McCarthy - Sidoti & Company Operator Welcome to FreightCar America's Third Quarter 2014 Earnings Conference Call.
Freightcar America (RAIL) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to loss of $0.14 per share a year ago.
Freightcar America (RAIL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Freightcar America (RAIL) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.