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FreightCar America Inc (RAIL.OQ)

RAIL.OQ on NASDAQ Stock Exchange Global Select Market

4.24USD
21 Aug 2019
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Latest Key Developments (Source: Significant Developments)

Freightcar America Says To Complete Remaining Contracted Work At Roanoke Facility By Q4 2019 & Fully Exit Facility In 2020
Monday, 22 Jul 2019 03:42pm EDT 

July 22 (Reuters) - FreightCar America Inc ::FREIGHTCAR AMERICA - TO COMPLETE REMAINING CONTRACTED WORK AT FACILITY, WHICH IS ANTICIPATED TO BE IN OR ABOUT Q4 OF 2019 & FULLY EXIT FACILITY IN 2020.FREIGHTCAR AMERICA SAYS AGGREGATE COST OF PLANNED WIND DOWN & CLOSURE OF ROANOKE FACILITY IS EXPECTED TO RANGE BETWEEN $3.5 MILLION, $4.5 MILLION - SEC FILING.FREIGHTCAR AMERICA INC - AGGREGATE COST OF PLANNED WIND DOWN AND CLOSURE OF ROANOKE FACILITY WILL BE INCURRED IN 2019 AND DURING FIRST HALF OF 2020.  Full Article

Freightcar America, Inc. Appoints Christopher Eppel As CFO
Tuesday, 23 Apr 2019 05:00pm EDT 

April 23 (Reuters) - FreightCar America Inc ::FREIGHTCAR AMERICA, INC. APPOINTS CHRISTOPHER J. EPPEL AS CHIEF FINANCIAL OFFICER.FREIGHTCAR AMERICA INC - EPPEL WILL SUCCEED MATTHEW KOHNKE,.FREIGHTCAR AMERICA INC - EPPEL WILL SUCCEED MATTHEW KOHNKE.FREIGHTCAR AMERICA INC - KOHNKE HAS LEFT COMPANY TO PURSUE NEW BUSINESS OPPORTUNITIES.  Full Article

Freightcar America says On April 12, Co Entered Into Credit and Security Agreement
Wednesday, 17 Apr 2019 02:36pm EDT 

April 17 (Reuters) - FreightCar America Inc ::FREIGHTCAR AMERICA-ON APRIL 12, CO ENTERED INTO CREDIT, SECURITY AGREEMENT BY AND AMONG CO, CERTAIN OF ITS UNITS AND BMO HARRIS BANK N.A., AS LENDER.FREIGHTCAR AMERICA-PURSUANT TO BMO CREDIT AGREEMENT,BMO EXTENDED ASSET BACKED CREDIT FACILITY,IN MAXIMUM AGGREGATE PRINCIPAL AMOUNT OF UP TO $50.0 MILLION.FREIGHTCAR AMERICA INC - BMO CREDIT AGREEMENT REPLACES CO'S PRIOR REVOLVING CREDIT FACILITY PURSUANT TO A CREDIT AGREEMENT DATED AS OF JULY 26, 2013.  Full Article

FreightCar America Q4 Loss Per Share $2.06
Tuesday, 26 Feb 2019 08:16pm EST 

Feb 26 (Reuters) - FreightCar America Inc ::FREIGHTCAR AMERICA, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 LOSS PER SHARE $2.06.Q4 REVENUE $87.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF $98.4 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $-0.44 -- REFINITIV IBES DATA.YEAR-END BACKLOG TOTALING 1,699 RAILCARS AT AN AGGREGATE VALUE OF APPROXIMATELY $160 MILLION.FULL-YEAR 2019 DELIVERY OUTLOOK FORECASTED TO RANGE BETWEEN 2,500 AND 3,500 RAILCARS.DELIVERED 1,047 RAILCARS IN Q4 OF 2018 VERSUS 977 RAILCARS DELIVERED IN Q4 OF 2017.  Full Article

FreightCar America Q2 Loss Per Share $0.19
Wednesday, 1 Aug 2018 05:00pm EDT 

Aug 1 (Reuters) - FreightCar America Inc ::FREIGHTCAR AMERICA, INC. REPORTS SECOND QUARTER 2018 RESULTS.Q2 LOSS PER SHARE $0.19.Q2 REVENUE $66.7 MILLION VERSUS I/B/E/S VIEW $77.3 MILLION.Q2 EARNINGS PER SHARE VIEW $-0.45 -- THOMSON REUTERS I/B/E/S.SAYS AHEAD OF SCHEDULE ON PREVIOUSLY ANNOUNCED PLAN TO REDUCE COST OF GOODS SOLD BY $3,000 TO $4,000 PER RAILCAR BY YEAR END.SAYS NOW INCREASING OUR GOAL TO EXIT YEAR ON A RUN RATE OF $4,000 TO $5,000 IN SAVINGS PER RAILCAR.FREIGHTCAR AMERICA SAYS RAISING FULL-YEAR RAILCAR DELIVERY OUTLOOK RANGE SLIGHTLY FROM 4,000 TO 4,300 RAILCARS TO 4,250 TO 4,500 RAILCARS FOR FY 2018.  Full Article

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