American Railcar Industries (ARII) Misses Q1 EPS by 20c

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American Railcar Industries, Inc. Reports First Quarter 2016 Results

April 28, 2016 4:46 PM EDT

First Quarter 2016 Highlights

Quarterly gross margin of 27.5% vs. prior year of 25.7%Fully utilized lease fleet reaches 10,556 railcars vs. prior year of 8,381 - up 26% Current liquidity of $408.1 million, including $200.0 million available under revolving credit facilityRailcar services business gains momentum with revenue growth of 11% vs. Q4 2015

ST. CHARLES, Mo., April 28, 2016 (GLOBE NEWSWIRE) -- American Railcar Industries, Inc. (ARI or the Company) (NASDAQ:... More