1. FreightCar America's Q3 2024 results showed a positive EPS surprise but missed revenue targets, leading to a 36% drop in share price. 2. Despite market concerns, the share price drop seems overblown given RAIL's maintained guidance and market share gains. 3. Tariff impacts on steel costs are a concern, but the risk is mitigated by low reliance on Chinese imports. 4. The delay in warrant exercise provides a buffer against immediate dilution, presenting a potential buying opportunity.