News Column

BRIEF: American Railcar profit rises

May 1, 2014

St. Louis Post-Dispatch



May 01--American Railcar Industries reported first-quarter profit of $20.8 million, or 97 cents per share, compared with $17.9 million, or 84 cents per share, in the corresponding period of 2013. The St. Charles-based designer and manufacturer of hopper and tank railcars said quarterly revenue fell $13 million, to $182.1 million, primarily because of lower revenue in the company's manufacturing segment.

Tim Bryant covers commercial real estate, development and other business stories for the Post-Dispatch. He blogs at Building Blocks, the Post-Dispatch development blog.

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Source: St. Louis Post-Dispatch (MO)


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