Welcome to our dedicated page for Freightcar Amer news (Ticker: RAIL), a resource for investors and traders seeking the latest updates and insights on Freightcar Amer stock.
FreightCar America, Inc. (NASDAQ: RAIL) is a designer, producer and supplier of railroad freight cars, railcar parts and components headquartered in Chicago, Illinois. This news page aggregates company announcements and third-party coverage related to RAIL, giving readers a focused view of developments affecting the business and its stock.
Recent company communications describe FreightCar America as a diversified manufacturer and supplier of railroad freight cars with a growing emphasis on railcar repairs, complete rebody services and conversions that return idled rail assets to revenue service. News items often highlight the company’s operating performance, order activity, backlog, and commentary from management on manufacturing flexibility and commercial strategy.
Investors following RAIL can expect news about quarterly financial results and outlook, including revenue trends, margins, cash flow and guidance updates, which are typically accompanied by conference call details and subsequent Form 8-K filings. Coverage also includes corporate actions and governance updates, such as the adoption of a limited duration stockholder rights plan and amendments to executive employment arrangements related to change-in-control severance benefits.
Another area of focus is strategic transactions and growth initiatives. For example, FreightCar America has reported the acquisition of Carly Railcar Components, LLC, a distributor of OEM railcar components intended to strengthen its aftermarket distribution business and expand its catalog of running-repair components. Readers can also find announcements about the company’s participation in investor conferences and virtual events, where management presents its strategy and meets with investors.
By reviewing the RAIL news feed on this page, users can track how FreightCar America communicates its performance, strategy and capital allocation decisions over time, and see how these disclosures relate to the company’s role in the North American freight rail market.
FreightCar America (NASDAQ: RAIL), a manufacturer of railroad freight cars and components, has announced its participation in the upcoming Noble Capital Markets Virtual Equity Conference on June 4, 2025. The company's leadership team, including CEO Nick Randall and CFO Mike Riordan, will be available for one-on-one meetings with investors during the event. Interested investors can schedule meetings by contacting the company's IR team at RAILIR@riveron.com.
FreightCar America (NASDAQ: RAIL), a manufacturer of railroad freight cars and components, has announced its participation in the upcoming Wolfe 18th Annual Global Transportation & Industrials Conference on May 20, 2025. The company's leadership team, including President and CEO Nick Randall and CFO Mike Riordan, will be available for one-on-one meetings with investors during the conference. Interested investors can schedule meetings through the company's Investor Relations team.
FreightCar America (NASDAQ: RAIL) has secured orders for 1,250 railcars valued at $141 million during Q1 2025. The orders represent 25% of all new railcars ordered in the quarter and 36% of their addressable market, marking their largest market share intake in 15 years.
The company reported strong demand across their product portfolio, particularly in gondolas, open-top hoppers, and covered hopper cars. CEO Nick Randall confirmed that their North American railcar sales are not subject to tariffs due to compliance with the United States-Mexico-Canada Agreement.
FreightCar America (NASDAQ: RAIL), a diversified manufacturer of railroad freight cars, has scheduled its first quarter 2025 financial results release for May 5, 2025, after market close. The company will host a conference call to discuss the results on May 6, 2025 at 11:00 a.m. EDT.
Investors can access the call via phone (1-877-407-0789 or 1-201-689-8562) or through a listen-only webcast at freightcaramerica.com. An audio replay will be available from 3:00 p.m. EDT on May 6 until May 20, 2025, accessible by dialing (844) 512-2921 or (412) 317-6671 with passcode 13753235.
FreightCar America (NASDAQ: RAIL) reported strong financial results for Q4 and full year 2024. Full-year revenue increased 56.2% to $559.4 million, with deliveries up 44.3% to 4,362 railcars. The company achieved a gross margin of 12.0% with gross profit of $67.0 million.
Q4 2024 highlights include revenue of $137.7 million (up 8.8% YoY), with stable railcar deliveries of 1,019 units. Net income was $34.6 million ($1.01 per share), while Adjusted EBITDA reached $13.9 million, up 113.8% YoY.
For 2025, the company projects revenue between $530-595 million, with railcar deliveries of 4,500-4,900 units and Adjusted EBITDA of $43-49 million. The company's backlog stands at 2,797 units valued at $266.5 million.
FreightCar America (NASDAQ: RAIL), a diversified manufacturer of railroad freight cars, has scheduled its fourth quarter and full year 2024 financial results release for March 12, 2025, after market close.
The company will host a conference call and webcast on March 13, 2025 at 11:00 a.m. Eastern Time. While the webcast will be listen-only, participants can join via phone by dialing (877) 407-0789 or (201) 689-8562.
An audio replay will be available from 3:00 p.m. ET on March 13 until March 27, 2025, accessible by dialing (844) 512-2921 or (412) 317-6671 with passcode 13751273.
FreightCar America (NASDAQ: RAIL) has secured a new $35 million Asset-Based Lending (ABL) credit facility with Bank of America. The facility features a maturity period of 4 years and 9 months and offers a reduced interest rate of SOFR + 175, resulting in approximately 35% lower borrowing costs compared to the previous ABL facility.
The new credit agreement aims to optimize working capital needs and enhance financial flexibility to support the company's ongoing growth and strategic initiatives. This development represents a significant step in FreightCar America's comprehensive refinancing efforts.
FreightCar America (NASDAQ: RAIL) has secured a new $115 million 4-year term loan facility to redeem all outstanding Series C Preferred Stock shares and settle accrued dividends. The new financing, completed on December 31st, 2024, is priced at SOFR + 600, resulting in a 40% reduction in the company's cost of capital.
This reduction is expected to generate savings of approximately $9.2 million in the first year, equivalent to $0.26 per share on a fully diluted basis. The strategic financial move aims to enhance the company's financial flexibility and cash flow generation while supporting its growth strategy.
FreightCar America (NASDAQ: RAIL), a manufacturer of railroad freight cars and components, has announced its participation in the Noble Capital Markets' Emerging Growth Equity Conference. The event will take place on December 3-4, 2024, in Boca Raton, Florida. Nick Randall, President and CEO, and Mike Riordan, CFO, will deliver a presentation on December 3rd at 1:30 PM CT and hold one-on-one investor meetings during both conference days. A replay of the presentation will be available on the company's investor relations website.
FAQ
What is the current stock price of Freightcar Amer (RAIL)?
What is the market cap of Freightcar Amer (RAIL)?
