FreightCar America Reaffirms 2026 EBITDA Guidance Amid Rising Aftermarket Revenue
FreightCar America (RAIL) has reaffirmed its 2026 adjusted EBITDA guidance of $15 million to $19 million. Despite the reaffirmation, CEO Nicholas Randall noted that the company's overall financial results have fallen short of initial annual expectations. The company reported a significant surge in aftermarket revenue, which grew by 65%. While third-quarter performance aligned with preliminary figures provided to investors, management is navigating a period where total earnings are trailing earlier projections.