American Railcar Industries (ARII) Tops Q2 EPS by 3c
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American Railcar Industries, Inc. Reports Second Quarter 2016 Results
July 28, 2016 4:30 PM EDTSecond Quarter 2016 Highlights
Quarterly revenue and net earnings of $150.5 million and $19.9 million, or $1.02 per share, respectivelyQuarterly adjusted EBITDA of $50.4 million, or 33.5% of revenueCurrent liquidity of $399.5 million, including $200.0 million available under revolving credit facilityFully utilized lease fleet reaches 10,641 vs. prior year of 9,399, with railcar leasing revenue up 18%Â Year-to-date railcar services revenue growth of 7.3% on top of a historically strong year in 2015ST. CHARLES, Mo.,... More
