RAIL
FreightCar America, Inc.9.52
-0.17-1.75%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
182.09MP/E (TTM)
3.78Basic EPS (TTM)
2.52Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
Enhanced exec severance terms
FreightCar America amended employment agreements for CEO Nicholas J. Randall and CFO Michael A. Riordan, effective September 3, 2025, to enhance severance benefits post-Change in Control. Randall gains 24 months of base salary continuation, two averaged bonus payments, and health coverage; Riordan receives 18 months of each. These changes replace prior plan benefits, signaling board confidence in leadership stability amid potential M&A. Yet, they tie payouts to past bonuses.
8-K
Adopts anti-takeover rights plan
FreightCar America adopted a limited-duration stockholder rights plan on September 2, 2025, effective September 8, to shield against unsolicited takeovers. The plan issues one right per common share, triggering if any entity acquires 15% ownership without board approval, allowing others to buy stock at half price while voiding the acquirer's rights. It expires August 5, 2026, preserving board flexibility amid the company's strategic growth push. This defends long-term value yet won't block approved deals.
8-K
Q2 revenues dip, margins rise
FreightCar America reported Q2 2025 revenues of $118.6 million, down from $147.4 million last year due to fewer railcar deliveries of 939 units versus 1,159, yet gross margin expanded to 15.0% from 12.5% through better productivity and pricing. Adjusted EBITDA held at $10.0 million, with strong order intake of 1,226 railcars boosting backlog to 3,624 units valued at $316.9 million. Cash generation shines. The company reaffirmed 2025 guidance of 4,500–4,900 deliveries and $43–$49 million Adjusted EBITDA, while noting market uncertainties could delay orders.
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