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Stock impact report

Trinity Industries Q3 earnings: First Look [Yahoo! Finance]

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: Yahoo! Finance
Revenues were $799 million for the third quarter ended Sept. 30, down from $821 million in the year-ago quarter. The Dallas-based company ( NYSE: TRN ) said in an earnings release that lower deliveries of 4,360 railcars was partially offset by favorable pricing and more outside repair work. Trinity took in orders for 1,810 new railcars. Operating profit totaled $122 million, up from $100 million on improved railcar lease rates and improved efficiencies in the Rail Products Group. Net income rose to $37 million from $25 million. Adjusted earnings per share was $.43, compared with $.26 a year ago. The company forecast full-year earnings of $1.70-1.80 per share. Find more articles by Stuart Chirls here Related coverage: ILA says Clean Port grants a ‘big win' for union jobs Millions in funding for key Montreal port commodity Greenbrier Q4 rolls on higher railcar deliveries The post Trinity Industries Q3 earnings: First Look appeared first on FreightWaves Show less Read more
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