Overview

* FreightCar America ( RAIL ) Q3 revenue grows 42% yr/yr, slightly beating analyst expectations

* Adjusted EBITDA for Q3 beats estimates, reflecting operational efficiency

* Company reaffirms full-year Adjusted EBITDA guidance

Outlook

* FreightCar America ( RAIL ) expects fiscal 2025 revenue between $500 mln and $530 mln

* Company forecasts fiscal 2025 railcar deliveries of 4,500 to 4,900 units

* FreightCar America ( RAIL ) reaffirms full-year adjusted EBITDA guidance of $43 mln to $49 mln

Result Drivers

* RAILCAR DELIVERIES - Revenue growth driven by increased railcar deliveries, with 1,304 units delivered compared to 961 units in the prior year

* PRODUCTION EFFICIENCY - Improved production efficiency at new facility contributed to record Adjusted EBITDA

* PRODUCT MIX - Gross margin expansion attributed to favorable product mix and manufacturing flexibility

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Slight $160.51 $159.10

Revenue Beat* mln mln (3

Analysts

)

Q3 EPS -$0.23

Q3 Net -$7.45

Income mln

Q3 Beat $17 mln $13.40

Adjusted mln (3

EBITDA Analysts

)

Q3 Gross 15.10%

Margin

Q3 Gross $24.21

Profit mln

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

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 ( RAIL ) is $13.00, about 34.8% above its November 7 closing price of $8.48

* The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release:

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(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.)