Research Analysts Set Expectations for RAIL Q1 Earnings

FreightCar America, Inc. (NASDAQ:RAIL - Free Report) - Research analysts at Sidoti Csr cut their Q1 2025 earnings per share (EPS) estimates for shares of FreightCar America in a research report issued to clients and investors on Friday, April 25th. Sidoti Csr analyst B. Mccarthy now anticipates that the transportation company will post earnings per share of $0.11 for the quarter, down from their prior estimate of $0.18. The consensus estimate for FreightCar America's current full-year earnings is $0.09 per share.

FreightCar America (NASDAQ:RAIL - Get Free Report) last released its earnings results on Wednesday, March 12th. The transportation company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.16. The business had revenue of $137.70 million for the quarter, compared to the consensus estimate of $152.02 million. FreightCar America had a negative net margin of 20.66% and a negative return on equity of 27.10%.

Separately, StockNews.com lowered FreightCar America from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, March 26th.

FreightCar America Stock Down 1.7 %

RAIL opened at $6.34 on Monday. The firm has a market capitalization of $120.83 million, a P/E ratio of -1.50 and a beta of 2.02. The stock has a fifty day moving average of $6.36 and a 200-day moving average of $9.56. FreightCar America has a 12-month low of $3.02 and a 12-month high of $16.10.

Institutional Investors Weigh In On FreightCar America

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its holdings in shares of FreightCar America by 98.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,599 shares of the transportation company's stock valued at $50,000 after acquiring an additional 2,281 shares in the last quarter. Globeflex Capital L P purchased a new position in FreightCar America in the fourth quarter valued at about $69,000. Quantbot Technologies LP increased its position in FreightCar America by 80.8% in the 4th quarter. Quantbot Technologies LP now owns 8,128 shares of the transportation company's stock worth $73,000 after purchasing an additional 3,632 shares during the last quarter. Barclays PLC purchased a new stake in shares of FreightCar America during the 3rd quarter worth about $73,000. Finally, Ritholtz Wealth Management purchased a new stake in shares of FreightCar America during the 4th quarter worth about $104,000. Hedge funds and other institutional investors own 31.96% of the company's stock.

FreightCar America Company Profile

FreightCar America, Inc, through its subsidiaries, engages in design, manufacture, and sale of railcars and railcar components for the transportation of bulk commodities and containerized freight products in the United States and Mexico. It operates in two segments, Manufacturing and Parts. The company offers a range of railcars, including open top hoppers, mill gondola cars, intermodal and non-intermodal flat cars, coal cars; bulk commodity cars covered hopper cars, coil steel cars, boxcars, woodchip hoppers, aluminum vehicle carriers, and articulated bulk container railcars.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.