American Railcar Industries (ARII) Tops Q2 EPS by 10c, Revenue Misses, Approves Buyback

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American Railcar Industries, Inc. Reports Strong Quarterly Earnings and Shipments

July 29, 2015 4:44 PM EDT

Second Quarter 2015 Highlights

Quarterly earnings per share of $1.54 vs. prior year of $1.51 - up 2% Quarterly adjusted EBITDA of $68.5 million vs. prior year of $60.2 million - up 14% Quarterly railcar shipments of 2,397 vs. prior year of 2,140 - up 12% Share Repurchase Program of up to $250 million approved by the Board of Directors

ST. CHARLES, Mo., July 29, 2015 (GLOBE NEWSWIRE) -- American Railcar Industries, Inc. (ARI or the Company) (NASDAQ: ARII) today reported its second quarter 2015 financial results.... More