American Railcar Industries (NASDAQ:ARII) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down 0%.
American Railcar Industries Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 50% to $0.84 in the quarter versus EPS of $0.56 in the year-earlier quarter.
Revenue: Rose 7.44% to $195.11 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: American Railcar Industries reported adjusted EPS income of $0.84 per share. By that measure, the company missed the mean analyst estimate of $0.96. It missed the average revenue estimate of $196.26 million.
Quoting Management: There was no comment from the management.
Key Stats (on next page)…
Revenue decreased 6.05% from $207.68 million in the previous quarter. EPS decreased 26.32% from $1.14 in the previous quarter.
Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.84 to a profit $0.9. For the current year, the average estimate has moved up from a profit of $3.34 to a profit of $3.88 over the last ninety days.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)