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Freightcar America (RAIL) Surpasses Q3 Earnings Estimates
ZACKS· 2024-11-12 15:01
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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 60%. A quarter ago, it was expected that this rail car maker would post earnings of $0.05 per share when it actually produced earnings of $0.05, delivering no surprise.Over the last four quarters, the company has su ...
FreightCar America(RAIL) - 2024 Q3 - Quarterly Report
2024-11-12 12:40
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly period ended September 30, 2024 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 000-51237 FREIGHTCAR AMERICA, INC. (Exact name of registrant as specified in its charter) Delaware 25-1837219 (State or other jurisdiction of incorporation or organization) (I. ...
FreightCar America(RAIL) - 2024 Q3 - Quarterly Results
2024-11-12 12:33
Press Release FreightCar America, Inc. Reports Third Quarter 2024 Results Company delivers 83% year-over-year revenue growth with strong gross margin Raises mid-point of full year Adjusted EBITDA guidance CHICAGO, November 12, 2024 – FreightCar America, Inc. (NASDAQ: RAIL) ("FreightCar America" or the "Company"), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today reported results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights ...
FreightCar America, Inc. to Present at Sidoti Micro-Cap Virtual Conference
GlobeNewswire News Room· 2024-11-06 21:15
CHICAGO, Nov. 06, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL or the “Company”), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today announced that the Company will present, and conduct one-on-one meetings with investors, at the Sidoti Micro-Cap Virtual Conference, on November 13-14, 2024. Nick Randall, President and Chief Executive Officer, and Mike Riordan, Chief Financial Officer, will begin the presentation at 10:30 AM CT on November ...
Freightcar America (RAIL) Soars 10.7%: Is Further Upside Left in the Stock?
ZACKS· 2024-10-25 09:36
Freightcar America (RAIL) shares soared 10.7% in the last trading session to close at $14.09. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 27.9% gain over the past four weeks.FreightCar America shares have performed exceedingly well this year, gaining almost 400% year to date.  This fast-growing company  has secured major orders of late and increased production capacity. Owing to the bullishness, Noble Financial recently maint ...
RAIL's Soaring Potential Chained By Dilution Risk
Seeking Alpha· 2024-10-23 12:36
"Price is what you pay, value is what you get"If you like my investment approach, you can buy my book ("The Most Boring Stock Investment Book") or join my Patreon ("SharkValueInvestingFund").Here is my free unsolicited advice:1. Save 10% of whatever you make, no matter how insignificant it can be. As a young engineer, I saved 10% of my income no matter if it was $10 or $1,000. PAYING YOURSELF is the best piece of advice you can give anyone. I recommend the book 'The Richest Man in Babylon', it is a bit repe ...
FreightCar America, Inc. to Present at LD Micro Conference
GlobeNewswire News Room· 2024-10-22 20:15
CHICAGO, Oct. 22, 2024 (GLOBE NEWSWIRE) --  FreightCar America, Inc. (NASDAQ: RAIL or the “Company”), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today announced that the Company will present, and conduct one-on-one meetings with investors, at the LD Micro Main Event XVII on October 29, 2024 in Los Angeles. Nick Randall, President and Chief Executive Officer, and Mike Riordan, Chief Financial Officer, will begin the presentation at 10:30 a.m. (CT) on Octob ...
FreightCar America Inc (RAIL) Stock Price Down 3.91% on Oct 2
Gurufocus· 2024-10-02 16:11
Shares of FreightCar America Inc (RAIL, Financial) fell 3.91% in mid-day trading on Oct 2. The stock reached an intraday low of $10.45, before recovering slightly to $10.88, down from its previous close of $11.32. This places RAIL 5.82% below its 52-week high of $11.55 and 383.44% above its 52-week low of $2.25. Trading volume was 118,766 shares, 30.6% of the average daily volume of 387,644. Wall Street Analysts Forecast Based on the one-year price targets offered by 1 analysts, the average target price for ...
Freightcar America (RAIL) Moves 10.7% Higher: Will This Strength Last?
ZACKS· 2024-10-01 09:10
Freightcar America (RAIL) shares rallied 10.7% in the last trading session to close at $10.79. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 37.7% gain over the past four weeks. FreightCar America shares have performed exceedingly well this year, gaining almost 300% year to date. This fast-growing company has secured major orders of late and increased production capacity. Driven by the buoyant scenario, RAI ...
Here's Why You Should Add Freightcar America Stock to Your Portfolio
ZACKS· 2024-09-30 15:20
Freightcar America (RAIL) manufactures and supplies railroad freight cars, railcar parts and components. The company has been benefiting from the improved railcar market. RAIL's shares have performed impressively on the bourse so far this year. If you have not taken advantage of RAIL's share price appreciation yet, it's time to do so. Factors Favoring RAIL Stock Robust Price Performance: Its shares have surged 261.1% year to date, surpassing the industry's 30.2% growth. Zacks Investment Research Image Sourc ...