American Railcar Industries, Inc. (ARII) Tops Q3 EPS by 10c, Sales Fall Short

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October 27, 2011 8:58 AM EDT
American Railcar Industries, Inc. (NASDAQ: ARII) reported Q3 EPS of $0.19, $0.10 better than the analyst estimate of $0.09. Revenue for the quarter came in at $125.8 million versus the consensus estimate of $137.64 million.

The Company's backlog increased to approximately 7,110 railcars at September 30, 2011, the largest since June 2008. The Company's backlog at September 30, 2011 included approximately 1,700 railcars for lease. The Company had approximately 1,050 railcars in its backlog at December 31, 2010.

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