Q3 EPS Forecast for Freightcar America Reduced by Analyst

Freightcar America, Inc. (NASDAQ:RAIL) – Noble Financial dropped their Q3 2026 earnings per share estimates for shares of Freightcar America in a research report issued to clients and investors on Wednesday, October 21st. Noble Financial analyst M. Reichman now forecasts that the transportation company will post earnings of ($0.15) per share for the quarter, down from their prior estimate of $0.16. The consensus estimate for Freightcar America’s current full-year earnings is $0.21 per share. Noble Financial also issued estimates for Freightcar America’s Q4 2026 earnings at $0.16 EPS, FY2026 earnings at ($0.11) EPS, Q1 2027 earnings at $0.05 EPS, Q2 2027 earnings at $0.08 EPS, Q3 2027 earnings at $0.11 EPS, Q4 2027 earnings at $0.08 EPS and FY2027 earnings at $0.33 EPS.

A number of other research firms also recently weighed in on RAIL. Weiss Ratings downgraded Freightcar America from a “hold (c)” rating to a “sell (d)” rating in a research note on Tuesday, August 4th. Zacks Research lowered shares of Freightcar America from a “hold” rating to a “strong sell” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a Sell rating. According to MarketBeat, the company presently has a consensus rating of “Sell”.

Freightcar America Stock Up 4.4%

RAIL stock opened at $4.30 on Friday. The company has a 50 day moving average of $6.73 and a two-hundred day moving average of $7.77. The company has a quick ratio of 1.12, a current ratio of 1.81 and a debt-to-equity ratio of 2.70. Freightcar America has a 12-month low of $3.85 and a 12-month high of $14.90. The company has a market cap of $141.00 million, a price-to-earnings ratio of -7.96 and a beta of 1.42.

Freightcar America (NASDAQ:RAIL) last released its 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 firm had revenue of $113.14 million during the quarter, compared to analysts’ expectations of $110.41 million.

Institutional Investors Weigh In On Freightcar America

Institutional investors and hedge funds have recently bought and sold shares of the business. Nwam LLC bought a new position in shares of Freightcar America during the 2nd quarter worth about $3,123,000. Sigma Planning Corp acquired a new position in Freightcar America in the second quarter worth about $111,000. Penn Capital Management Company LLC lifted its stake in Freightcar America by 134.7% during the second quarter. Penn Capital Management Company LLC now owns 339,200 shares of the transportation company’s stock worth $3,304,000 after purchasing an additional 194,684 shares during the period. Formula Growth Ltd. acquired a new stake in Freightcar America during the second quarter valued at approximately $487,000. Finally, Bank of America Corp DE bought a new stake in shares of Freightcar America in the 2nd quarter valued at approximately $177,000. Institutional investors own 31.96% of the company’s stock.

Key Stories Impacting Freightcar America

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

• Positive Sentiment: FreightCar America acquired Trinity Equipment Co., a move that could broaden its product portfolio, customer relationships, and long-term growth opportunities. Financial terms and the expected earnings contribution were not disclosed. FreightCar America acquires Trinity Equipment Co.

Freightcar America Company Profile

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.