Welcome to our dedicated news page for FreightCar America (Ticker: RAIL), a resource for investors and traders seeking the latest updates and insights on FreightCar America.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FreightCar America's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FreightCar America's position in the market.
Rhea-AI Summary
FreightCar America, Inc. (NASDAQ: RAIL) is set to release its first quarter 2024 financial results on May 8, 2024, with a conference call and live webcast scheduled for May 9. Interested parties can access the webcast on the Investor Relations page of the Company's website, with participation details provided for those wishing to join the call.
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2.31%
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FreightCar America, Inc. (RAIL) will present at the Planet MicroCap Showcase: VEGAS 2024, with senior management including the incoming President and CFO hosting one-on-one meetings with investors. The presentation will be on May 1 at 6:30 PM CDT, followed by investor meetings on May 2. Interested parties can access a live webcast on the company's Investor Relations website.
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End-of-Day
2.31%
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FreightCar America, Inc. appoints Nicholas J. Randall as the new President and CEO, succeeding Jim Meyer. Meyer will become the Executive Chairman of the Board. Randall brings over 20 years of experience in global engineering and manufacturing operations. The company aims to continue advancing its priorities under Randall's leadership.
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10.9%
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FreightCar America, Inc. (RAIL) reports a strong performance with a 62% increase in Gross Profit and significant margin expansion. Despite a 1.8% decline in revenues, the company achieved a Gross margin of 11.7% in fiscal year 2023. Adjusted EBITDA saw a substantial rise to $20.1 million. The company announced a change in leadership with Nick Randall set to become the new President and CEO in May 2024.
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Rhea-AI Sentiment
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10.9%
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FreightCar America, Inc. (RAIL) will release its fourth quarter and full year 2023 financial results on March 18, 2024, with a live webcast scheduled for March 19, 2024. Interested parties can join the call through the company's website or by dialing in.
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End-of-Day
-0.33%
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FreightCar America, a railroad freight car manufacturer (Nasdaq: RAIL), will participate in the Sidoti Micro-Cap Virtual Conference on January 17-18, 2024. President and CEO Jim Meyer and CFO Michael Riordan will present at 11:15 AM CST on January 17. The company will also conduct one-on-one meetings with investors. A live webcast will be available on the Investor Relations section of the company’s website.
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-5.88%
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FreightCar America reports Q3 2023 results with revenues of $61.9 million, a decrease of 27.8% YoY, and gross margin of 14.9%. Net income of $3.2 million and adjusted EBITDA of $3.5 million. Updated FY23 guidance: revenue of $365-380 million, railcar deliveries of 3,150-3,300, and adjusted EBITDA of $18-22 million.
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End-of-Day
-7.41%
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FreightCar America, Inc. will release its Q3 2023 financial results on November 6, 2023, after the market close. The conference call and webcast will be held on November 7, 2023, at 11:00 a.m. ET.
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FreightCar America to participate in TD Cowen's Global Transportation Conference
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FreightCar America delivers strong Q2 results with significant revenue growth and gross margin expansion. Raises FY23 guidance for revenue and Adjusted EBITDA. Railcar orders and backlog remain strong.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.39%
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FreightCar America, Inc.
Nasdaq:RAIL
RAIL Rankings
RAIL Stock Data
66.59M
13.64M
35.6%
22.56%
1.11%
Heavy Duty Truck Manufacturing
Manufacturing
United States of America
CHICAGO
About RAIL
freightcar america---the home of the aluminum railcar, is proud of its heritage of building and designing railcars. and we have good reason. freightcar america has been manufacturing quality railcars since 1901. the generations of employees responsible for creating its reputation for quality have made freightcar america the largest north american manufacturer of aluminum railroad freight cars used to haul coal. freightcar america now uses its design knowledge, enhanced production facilities, and unequaled experience in aluminum railcar building to expand its product line and provide cost benefits to customers. quality at freightcar america is not just an idea---it's the high degree of excellence every freightcar america employee is focused on achieving. freightcar america is committed to building quality cars for its valued customers. committed to customers our commitment to customer service at freightcar america begins with the first customer contact and extends through the life