American Railcar Industries (ARII) Misses Q3 EPS by 7c

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American Railcar Industries (ARII) PT Lowered to $44 at Cowen Following 3Q

November 1, 2017 7:40 AM EDT

Cowen lowered its price target on American Railcar Industries (NASDAQ: ARII) to $44.00 (from $45.00) while maintaining a Outperform rating. ARII reported 3Q EPS of $0.46, below the consensus estimate of $0.56. Revenue was $120.7 MM, compared to consensus expectations of $122.2 MM.

ARII secured solid orders for new... More