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Stock impact report

Trinity Industries, Inc. Announces First Quarter 2020 Results

Trinity Industries, Inc. (TRN) 
Last trinity industries, inc. earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: trin.net
Company Research Source: Business Wire
Reports quarterly GAAP and Adjusted earnings from continuing operations of $1.33 and $0.11 per diluted share, respectivelyGenerates operating and free cash flow before leasing investment of $174 million and $206 million, respectivelyReturns $58 million of capital to stockholdersTotal committed liquidity of $760 million at the end of first quarter DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) today announced earnings results for the first quarter ended March 31, 2020.“Coming into 2020, Trinity was rapidly and effectively executing on a number of optimization efforts to align with the Company’s go-forward business strategy as well as responding to the decline in railcar demand from the slowing industrial economy in the preceding year,” said Jean Savage, Trinity Industries CEO and President. “Our first quarter results reflect solid progress on a number of actions taken to improve the performance of the business. While we have not lost sight of our longer-term goals, the Show less Read more
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