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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.
Reports full year Revenue up 56% with Gross Profit up 60% Generates full year Operating Cash Flow of $45 million and Adj. Free Cash Flow of $22 million Projecting sequential growth across Deliveries, Revenue and Adj.
Upbeat railcar deliveries are expected to have aided RAIL's fourth-quarter 2024 performance.
CHICAGO, Feb. 26, 2025 (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 2024 financial results on Wednesday, March 12, 2024, after the market close. The conference call and live webcast will be held on Thursday, March 13, 2025 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.
Expanded credit facility enhances borrowing capacity and reduces cost of capital Further enhances financial flexibility and ability to support growth strategy
Vancouver, British Columbia--(Newsfile Corp. - February 11, 2025) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") is pleased to announce it has executed an MOU for the acquisition of AI Partnerships Corp. ("AIP"). (the "Acquisition Transaction" or "Transaction" or "Acquisition"), a Toronto-based company that has established an Affiliate network of over 160, primarily North American, AI-SaaS companies that provide AI-based vertical market solutions and AI development and management tools.
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.