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Freightcar America (RAIL)
NASDAQ:RAIL
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Earnings Data
Report Date
Mar 25, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.05Last Year’s EPS
-0.07Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 31, 2018
|% Change Since: -31.70%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Positive
The earnings call reflected a generally positive outlook with significant revenue growth, strong market share gains, and improved cash flow. However, there were some concerns regarding lower gross margins compared to the previous year and a large noncash charge. Despite these challenges, the company raised its adjusted EBITDA guidance and maintained a strong cash position.Company Guidance
During the third quarter of 2024 earnings call, FreightCar America reported significant financial and operational achievements, including an 83% increase in top-line sales over the prior year period and consistent gross margins of 14.3%. The company delivered 961 railcars, contributing to robust operating cash flow and maintaining a strong cash position of $44.8 million with no outstanding borrowings. FreightCar captured a 22% market share of industry orders on a trailing 12-month basis and increased its market share by 3% sequentially, despite a 20% downturn in overall industry orders. The company raised the midpoint of its adjusted EBITDA forecast to between $37 million and $39 million, representing an 89% year-over-year increase. These results underscore FreightCar's strategic focus on enhancing product offerings, capturing market share, and leveraging its manufacturing capabilities to sustain growth.Significant Revenue Growth
Top line sales increased by 83% over the prior year period with consolidated revenues totaling $113.3 million, compared to $61.9 million in the third quarter of 2023.
Strong Market Share Gains
Captured 22% of industry orders on a trailing 12-month basis and gained 3% market share despite overall industry orders being down 20%.
Positive Cash Flow and Strong Balance Sheet
Delivered $7.2 million in operating cash flow, marking the second consecutive quarter of positive cash flow. The company holds $44.8 million in cash with no outstanding borrowings.
Increase in Adjusted EBITDA Guidance
Raised the midpoint of adjusted EBITDA guidance between $37 million and $39 million, representing a year-over-year increase of 89% at the midpoint.
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RAIL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RAIL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $15.71 | $10.17 | -35.26% |
| Aug 12, 2024 | $3.57 | $4.17 | +16.81% |
| May 08, 2024 | $4.19 | $3.74 | -10.74% |
| Mar 18, 2024 | $3.21 | $3.56 | +10.90% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Freightcar America (RAIL) report earnings?
Freightcar America (RAIL) is schdueled to report earning on Mar 25, 2025, TBA Not Confirmed.
What is Freightcar America (RAIL) earnings time?
Freightcar America (RAIL) earnings time is at Mar 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RAIL EPS forecast?
RAIL EPS forecast for the fiscal quarter 2024 (Q4) is 0.05.
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