Q3 Earnings Estimate for Freightcar America Issued By Sidoti

Key Points

• Sidoti lowered its Q3 2026 EPS estimate for FreightCar America to $0.22 from $0.25, reflecting a more cautious near-term outlook for the railcar maker.
• The company recently missed earnings and revenue estimates, reporting a Q1 EPS loss of $0.04 versus an expected gain of $0.02 and revenue of $64.31 million versus the $74.60 million consensus.
• Despite some longer-term estimate increases from analysts, FreightCar America’s stock has been volatile, trading near $7.97 with a market cap of about $152.6 million and below its 50-day and 200-day moving averages.

Freightcar America, Inc. (NASDAQ:RAIL - Free Report) - Stock analysts at Sidoti lowered their Q3 2026 earnings per share (EPS) estimates for shares of Freightcar America in a research note issued to investors on Wednesday, May 6th. Sidoti analyst B. Mccarthy now forecasts that the transportation company will post earnings per share of $0.22 for the quarter, down from their previous estimate of $0.25. The consensus estimate for Freightcar America's current full-year earnings is $0.41 per share.

Freightcar America (NASDAQ:RAIL - Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The transportation company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.06). Freightcar America had a net margin of 6.25% and a negative return on equity of 15.56%. The firm had revenue of $64.31 million for the quarter, compared to analyst estimates of $74.60 million.

RAIL has been the topic of several other reports. Weiss Ratings upgraded Freightcar America from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Monday, February 23rd. Wall Street Zen cut Freightcar America from a "buy" rating to a "hold" rating in a research report on Saturday, March 14th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Freightcar America has a consensus rating of "Buy".

Freightcar America Stock Performance

Shares of RAIL stock opened at $7.97 on Monday. Freightcar America has a 1 year low of $6.21 and a 1 year high of $14.90. The stock has a market cap of $152.55 million, a PE ratio of 10.77 and a beta of 1.55. The business's fifty day moving average is $9.42 and its 200-day moving average is $10.03.

Hedge Funds Weigh In On Freightcar America

A number of hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its holdings in shares of Freightcar America by 16.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 139,826 shares of the transportation company's stock worth $1,114,000 after acquiring an additional 19,898 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Freightcar America by 14.0% in the 1st quarter. Bank of New York Mellon Corp now owns 82,402 shares of the transportation company's stock worth $657,000 after acquiring an additional 10,132 shares during the last quarter. North Star Investment Management Corp. grew its holdings in shares of Freightcar America by 36.8% in the 1st quarter. North Star Investment Management Corp. now owns 237,800 shares of the transportation company's stock worth $1,895,000 after acquiring an additional 64,000 shares during the last quarter. Ritholtz Wealth Management grew its holdings in shares of Freightcar America by 55.0% in the 1st quarter. Ritholtz Wealth Management now owns 37,707 shares of the transportation company's stock worth $301,000 after acquiring an additional 13,373 shares during the last quarter. Finally, XTX Topco Ltd grew its holdings in shares of Freightcar America by 100.9% in the 4th quarter. XTX Topco Ltd now owns 45,470 shares of the transportation company's stock worth $503,000 after acquiring an additional 22,839 shares during the last quarter. 31.96% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Freightcar America

Here are the key news stories impacting Freightcar America this week:

• Positive Sentiment: Sidoti raised its Q3 2027 EPS estimate to $0.28 from $0.26, suggesting slightly better profitability expectations later in the forecast period. Freightcar America estimate update
• Positive Sentiment: Sidoti also increased its Q2 2027 EPS estimate to $0.19 from $0.16, and Noble Financial lifted its Q4 2026 and Q3 2026 estimates, indicating some improvement in expected earnings further out. Freightcar America estimate update
• Neutral Sentiment: Noble Financial nudged its FY2027 EPS estimate up to $0.77 from $0.76, a modest long-term positive that is unlikely by itself to move the stock materially. Freightcar America estimate update
• Negative Sentiment: Sidoti cut its Q2 2026, Q1 2027, and FY2026 EPS forecasts, signaling weaker expectations for the next few quarters and full-year 2026 profitability. Freightcar America estimate update
• Negative Sentiment: Noble Financial lowered its FY2026 EPS estimate to $0.36 from $0.40, reinforcing concerns that near-term earnings may fall short of earlier expectations. Freightcar America estimate update

Freightcar America Company Profile

FreightCar America, Inc is a designer and manufacturer of specialized railroad freight cars, offering a diverse range of products that include tank cars, open and covered hoppers, gondolas, boxcars and centerbeam lumber cars. The company supports both new car construction and the rebuilding of existing fleets, providing custom engineering solutions to meet customer specifications and industry regulations. FreightCar America also supplies aftermarket parts, maintenance services and component remanufacturing for its own fleet and for third-party car owners.

Headquartered in Chicago, Illinois, FreightCar America traces its origins to early 20th-century railcar builders and began trading as an independent, publicly-listed company on the NASDAQ under the ticker RAIL following a spin-off in 2010.

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