Freightcar America Q3 Earnings Forecast Cut by Sidoti

Freightcar America, Inc. (NASDAQ:RAIL) – Research analysts at Sidoti cut their Q3 2026 EPS estimates for shares of Freightcar America in a note issued to investors on Tuesday, October 20th. Sidoti analyst B. Mccarthy now anticipates that the transportation company will post earnings per share of ($0.17) for the quarter, down from their prior forecast of $0.12. The consensus estimate for Freightcar America’s current full-year earnings is $0.35 per share. Sidoti also issued estimates for Freightcar America’s FY2026 earnings at $0.07 EPS.

Several other brokerages have also issued reports on RAIL. Weiss Ratings lowered Freightcar America from a “hold (c)” rating to a “sell (d)” rating in a report on Tuesday, August 4th. Zacks Research upgraded Freightcar America from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 12th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce”.

Freightcar America Stock Performance

Shares of NASDAQ RAIL opened at $4.12 on Thursday. The company has a debt-to-equity ratio of 2.70, a current ratio of 1.81 and a quick ratio of 1.12. Freightcar America has a one year low of $3.85 and a one year high of $14.90. The business’s 50-day moving average price is $6.79 and its two-hundred day moving average price is $7.79. The company has a market capitalization of $135.09 million, a P/E ratio of -7.63 and a beta of 1.42.

Freightcar America (NASDAQ:RAIL) last posted its quarterly earnings results on Monday, August 3rd. The transportation company reported ($0.02) earnings per share for the quarter. Freightcar America had a negative return on equity of 15.23% and a negative net margin of 2.69%. The company had revenue of $113.14 million during the quarter, compared to analyst estimates of $110.41 million.

Institutional Investors Weigh In On Freightcar America

Large investors have recently bought and sold shares of the business. Ancora Advisors LLC acquired a new position in Freightcar America during the second quarter worth $62,000. Bank of New York Mellon Corp lifted its position in shares of Freightcar America by 14.0% in the first quarter. Bank of New York Mellon Corp now owns 82,402 shares of the transportation company’s stock worth $657,000 after buying an additional 10,132 shares during the last quarter. Sigma Planning Corp bought a new stake in shares of Freightcar America during the 2nd quarter worth about $111,000. Ritholtz Wealth Management boosted its stake in shares of Freightcar America by 55.0% during 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 in the last quarter. Finally, Deutsche Bank AG bought a new stake in shares of Freightcar America during the 2nd quarter worth about $144,000. 31.96% of the stock is currently owned by institutional investors.

Key Stories Impacting Freightcar America

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

• Positive Sentiment: FreightCar America completed its acquisition of Trinity Equipment Company, its third acquisition in less than a year. The Michigan-based supplier adds OEM and replacement railcar components, fastening solutions, and customer relationships, supporting the company’s strategy to expand its higher-margin aftermarket business. FreightCar America Advances Aftermarket Growth Strategy with Third Acquisition in Less Than a Year
• Neutral Sentiment: Several law firms announced investigations into whether FreightCar America violated federal securities laws in connection with its recent disclosures. The announcements are investor-solicitation notices and do not establish that the company engaged in wrongdoing. FreightCar America Securities Fraud Investigation
• Negative Sentiment: The company reduced third-quarter 2026 revenue guidance to $75 million-$77 million, far below the $131.2 million consensus estimate. Full-year 2026 revenue guidance was lowered to $370 million-$410 million versus the $443.4 million consensus, signaling weaker near-term demand and materially lower expectations. FreightCar America Cuts 2026 Outlook
• Negative Sentiment: FreightCar America removed 1,285 railcars tied to a tank-car retrofit order from its backlog because it believes the customer may be unable to meet its contractual obligations. The lost business was the primary catalyst for the outlook reduction and raises concerns about customer credit risk, backlog quality, and future revenue visibility. RAIL Investor Alert

About Freightcar America

FreightCar America, Inc is a railcar manufacturer that has historically designed and produced freight transportation equipment for the North American rail industry. Its customers have included railroads, railcar leasing companies and industrial shippers that use specialized railcars to move bulk commodities, manufactured goods and other freight.

The company’s product portfolio has included aluminum-bodied open-top hopper cars, gondolas, covered hopper cars, boxcars, coil cars, flatcars and intermodal railcars.