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FreightCar America Inc (RAIL.OQ)

RAIL.OQ on NASDAQ Stock Exchange Global Select Market

16.87USD
15 Dec 2017
Change (% chg)

$0.34 (+2.06%)
Prev Close
$16.53
Open
$16.53
Day's High
$17.20
Day's Low
$16.51
Volume
82,531
Avg. Vol
28,667
52-wk High
$20.38
52-wk Low
$12.07

Latest Key Developments (Source: Significant Developments)

FreightCar America reports Q3 loss per share of $0.94 including items
Wednesday, 1 Nov 2017 05:00pm EDT 

Nov 1 (Reuters) - Freightcar America Inc ::FreightCar America reports third quarter 2017 results.Q3 loss per share $0.94 including items.Q3 revenue $72 million versus i/b/e/s view $87.8 million.Q3 earnings per share view $-0.17 -- Thomson Reuters I/B/E/S.Board of directors approved suspension of company's quarterly dividend to its shareholders​.Suspension of quarterly dividend is expected to result in additional liquidity of approximately $1.1 million per quarter​.New orders for 920 railcars received during quarter​.Full year 2017 delivery range increased 300 units to between 4,600 and 4,800 railcars​.Diversified backlog totaling 3,317 railcars at September 30, 2017, valued at approximately $291 million​.Delivered 829 railcars in Q3 of 2017 compared to 1,214 railcars delivered in Q3 of 2016​.  Full Article

Freightcar America Inc Q2 loss per share $0.04
Wednesday, 2 Aug 2017 05:00pm EDT 

Aug 2 (Reuters) - Freightcar America Inc :Freightcar America, Inc reports second quarter 2017 results.Q2 loss per share $0.04.Q2 revenue $118.7 million versus I/B/E/S view $107.3 million.Q2 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S.Freightcar America Inc - orders for 1,520 railcars received during quarter.Freightcar America Inc sees full year 2017 delivery range increased to between 4,300 and 4,500 railcars.Freightcar America Inc - diversified backlog totaling 3,226 railcars at June 30, 2017, valued at about $293 million.Freightcar America Inc - delivered 1,096 railcars in Q2 of 2017 compares to 1,372 railcars delivered in Q2 of 2016.  Full Article

Freightcar America appoints James Meyer as CEO
Tuesday, 18 Jul 2017 09:00am EDT 

July 18 (Reuters) - Freightcar America Inc ::Freightcar America appoints James R. Meyer as president and chief executive officer.Freightcar America Inc - Mmeyer will succeed Joseph E. Mcneely​.Freightcar America - ‍Meyer joins company from commercial specialty Truck Holdings, Llc​.  Full Article

Freightcar America Inc Q1 earnings per share $0.05
Wednesday, 3 May 2017 05:00pm EDT 

May 3 (Reuters) - Freightcar America Inc :Freightcar America Inc reports first quarter 2017 results.Q1 earnings per share $0.05.Q1 revenue $139.5 million versus $148.6 million.Q1 revenue view $99.9 million -- Thomson Reuters I/B/E/S.Q1 earnings per share view $-0.09 -- Thomson Reuters I/B/E/S.Deliveries for 2017 are now expected to range between 4,200 and 4,400 railcars.Freightcar America Inc - company delivered 1,525 railcars in q1 of 2017, compared to 1,609 railcars delivered in q1 of 2016.Freightcar America Inc qtrly diversified backlog totaling 2,802 railcars valued at $285 million.  Full Article

Freightcar America Q4 EPS $0.01
Monday, 27 Feb 2017 05:00pm EST 

Freightcar America Inc : Freightcar america, inc. Reports fourth quarter and full year 2016 results . Q4 earnings per share $0.01 . Freightcar america inc says year-end backlog totaling 4,259 railcars valued at $419 million . Q4 earnings per share view $0.14 -- Thomson Reuters I/B/E/S .Freightcar america inc -expect to deliver between 3,200 and 3,800 new railcars in 2017.  Full Article

Freightcar America says cutting salaried workforce by 15 pct
Monday, 1 Aug 2016 05:37pm EDT 

Freightcar America Inc : Freightcar america, inc. Reports second quarter 2016 results . Freightcar america inc q2 shr loss $0.04 . Targeted cost reduction plan expected to reduce annual operating costs by approximately $5.0 million . Freightcar america inc q2 revenue $126.2 mln vs $235.6 mln . Freightcar america inc q2 rev view $163.4 mln -- thomson reuters i/b/e/s . Freightcar america inc q2 shr view $0.43 -- thomson reuters i/b/e/s . Freightcar america inc - qtrly revenue of $126.2 mln on deliveries of 1,372 units . Freightcar america inc says cutting salaried workforce by 15 pct . Freightcar america inc - over next 12 months, company expects to reduce its annual operating costs by approximately $5 mln . Freightcar america inc - delivered 1,372 railcars in q2 of 2016 compared to 2,611 railcars . Freightcar america inc says to close johnstown administrative office . Freightcar america inc qtrly diversified backlog totaling 6,207 railcars valued at $612 mln . Freightcar america inc says cost reduction actions are currently underway and are expected to be completed by middle of 2017 . Freightcar america inc - company expects to incur approximately $1.5 mln of costs in q3 of 2016 as a result of cost reduction plan . Freightcar america inc - diversified backlog totaling 6,207 railcars valued at $612 mln at qtr end.  Full Article

Freightcar America extends term of credit agreement - SEC filing
Tuesday, 14 Jun 2016 10:12am EDT 

Freightcar America Inc: On June 13, entered into a first amendment to credit agreement - SEC filing .Amendment to extend term of credit agreement to July 26, 2019.  Full Article

FreightCar America Inc declares regular dividend
Monday, 8 Feb 2016 05:15pm EST 

FreightCar America Inc:Has declared a regular cash dividend of $0.09 per share of common stock of the Company.Payable on February 24 to shareholders of record date as on February 18.  Full Article

FreightCar America Inc appoints Matthew S. Kohnke as Chief Financial Officer
Monday, 25 Jan 2016 04:25pm EST 

FreightCar America Inc:Appoints Matthew S. Kohnke as Chief Financial Officer.Says Kohnke will succeed Charles F. Avery, Jr as CFO.  Full Article