FreightCar America's Q2 revenue beats estimates

Freightcar America

04/08/2025 21:25

Overview

FreightCar America Q2 revenue of $118.6 mln beats analyst expectations

Adjusted EPS of $0.11 surpasses estimates, reflecting operational flexibility

Adjusted EBITDA of $10 mln exceeds analyst expectations, per LSEG data

Outlook

FreightCar America reaffirms fiscal 2025 revenue guidance of $530-$595 mln

Company expects railcar deliveries of 4,500-4,900 units in fiscal 2025

FreightCar America projects fiscal 2025 adjusted EBITDA of $43-$49 mln

Result Drivers

ORDER INTAKE - Strong order intake driven by operational flexibility, with 1,226 new railcar orders valued at $106.9 mln

GROSS MARGIN IMPROVEMENT - Gross margin expanded by 250 basis points to 15%, attributed to improved productivity and a richer product mix

MARKET AGILITY - Company's agility in rebuilds and conversions enabled capturing opportunities in a dynamic market

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$118.62 mln
$114.90 mln (3 Analysts)
Q2 Adjusted EPS
Beat
$0.11
$0.06 (2 Analysts)
Q2 EPS
$0.34
Q2 Net Income
$11.68 mln
Q2 Adjusted EBITDA
Beat
$10 mln
$9 mln (3 Analysts)
Q2 Gross Margin
15.0%
Q2 Gross Profit
$17.82 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the heavy machinery & vehicles peer group is "buy."

Wall Street's median 12-month price target for FreightCar America Inc is $10.00, about 2% above its August 1 closing price of $9.80

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nGNXbQ21X3

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)