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FreightCar America Inc (RAIL.OQ)

RAIL.OQ on NASDAQ Stock Exchange Global Select Market

15.61USD
17 Nov 2017
Change (% chg)

$0.18 (+1.17%)
Prev Close
$15.43
Open
$15.31
Day's High
$15.81
Day's Low
$15.08
Volume
34,724
Avg. Vol
30,753
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
Thursday, 2 Nov 2017 

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 says cutting salaried workforce by 15 pct
Tuesday, 2 Aug 2016 

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 

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
Tuesday, 9 Feb 2016 

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
Tuesday, 26 Jan 2016 

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