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0 -2.02687638080769E-05 -0.000547256622818537 -0.000547256622818537 -4.05375276161538E-05 -0.00326327097310338 -0.00160123234083957 0.00026349392950523
Stock impact report

Trinity Q4 results fall on lower railcar deliveries [Yahoo! Finance]

Norfolk Southern Corporation (NSC) 
Last norfolk southern corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
For the three months ending Dec. 31, Dallas-based Trinity (NYSE: TRN ) on Thursday reported revenue of $629 million, down from $798 million year over year, and operating profit of $112 million, off from $149 million. Pretax earnings fell to $191 million from $225 million. Diluted earnings per share totaled 39 cents from 82 cents a year ago. Trinity delivered 3,760 railcars in the quarter and recorded 1,500 new orders. Lease fleet utilization was 97% with a future lease rate differential (FLRD) of positive-24.3% at quarter's end. The owned lease fleet was 109,635 cars, up from 109,295 y/y. Investor-owned lease cars was higher at 34,230 from 33,005. For full-year 2024, revenue climbed to $3.1 billion from $2.9 billion on higher volume of external repairs and higher lease rates, as well as higher deliveries, partially offset by a lower volume of sustainable railcar conversions in the Rail Products Group. Operating profit was $491.5 million, up from $417 million. Pretax earnings Show less Read more
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