RAIL Earnings Prediction
The chart below shows how RAIL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, RAIL sees a -1.18% change in stock price 10 days leading up to the earnings, and a +9.40% change 10 days following the report. On the earnings day itself, the stock moves by -1.59%. This data can give you a slight idea of what to expect for the next quarter's release.
RAIL Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
113.25M
82.98%
-23.17%
Gross Margin
14.30%
-4.03%
14.40%
Operating Margin
7.64%
175.81%
13.52%
Net Margin
-94.52%
-1931.78%
-1803.06%
EPS
-3.41
-3200.00%
-1464.00%
No Data Available
RAIL Earnings Analysis
FreightCar America, Inc. Corporation (RAIL.O) Earnings Conference Call
Positive
Sales Growth and Margins: We grew top line sales significantly, increasing 83% over the prior year period and delivered another quarterly of consistently solid gross margins of 14.3%.
Strong Cash Position: We have a strong cash position of $44.8 million with no outstanding borrowings and are well positioned with consistent quarters of strong operating cash flow generation.
Market Share Increase: We captured 22% market share on a robust order intake, gaining 3% sequentially on trailing 12-month basis.
Rail Car Backlog Value: We ended the third quarter with a backlog of 3,611 rail cars valued at approximately $372 million.
Adjusted EBITDA Guidance Increase: We raised our midpoint of adjusted EBITDA guidance for the fully year and continue to see strong demand across various product lines that will have positive impacts as we enter 2025.
Negative
Quarterly Revenue Comparison: Consolidated revenues for the third quarter of 2024 totaled $113.3 million with deliveries of 961 rail cars compared to $61.9 million on deliveries of 503 rail cars in the third quarter of 2023.
Gross Profit Comparison Q3: Gross profit in the third quarter of 2024 was $16.2 million or gross margin of 14.3% compared to gross profit of $9.2 million and gross margin of 14.9% in the third quarter of last year.
Gross Margin Decline Factors: Lower gross margin performance as compared to the prior year was primarily driven by a mix shift in rail cars delivered with the prior year period delivering a number of conversion cars.
Adjusted Net Income Increase: Adjusted net income was $7.3 million or $0.08 per diluted share, compared to adjusted net income of $0.8 million or a loss of $0.12 per share in the third quarter of last year.
SG&A Comparison Q3 2023-2024: SG&A for the third quarter of 2024 totaled $7.5 million flat to the third quarter of 2023.
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RAIL Earning Call Sentiment
FreightCar America, Inc. (RAIL) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
RAIL.O
4.42%Positive
The earnings call summary indicates strong financial performance with an 83% increase in revenue and positive operating cash flow. Despite competitive pressures and some regulatory challenges, the company gained market share. The Q&A section supports an optimistic outlook with increased EBITDA guidance and a strong pipeline. The shareholder return plan is stable, and there are no borrowings. Although gross margins may decrease slightly, overall sentiment is positive, suggesting a stock price increase of 2% to 8% over the next two weeks.