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Trinity Industries Q4 2023 Earnings Report

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$30.27 -1.09 (-3.48%)
As of 03:59 PM Eastern
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Trinity Industries EPS Results

Actual EPS
$0.82
Consensus EPS
$0.66
Beat/Miss
Beat by +$0.16
One Year Ago EPS
$0.44

Trinity Industries Revenue Results

Actual Revenue
$797.90 million
Expected Revenue
$749.25 million
Beat/Miss
Beat by +$48.65 million
YoY Revenue Growth
+35.00%

Trinity Industries Announcement Details

Quarter
Q4 2023
Time
Before Market Opens

Conference Call Resources

Trinity Industries Earnings Headlines

Trinity Q4 results fall on lower railcar deliveries
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Trinity Industries reports Q4 adjusted EPS 39c vs. 82c last year
Trinity Industries price target lowered to $36 from $38 at Goldman Sachs
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About Trinity Industries

Trinity Industries (NYSE:TRN) provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services. As of December 31, 2023, it had a fleet of 109,295 railcars. This segment serves industrial shipper and railroad companies operating in agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. The Rail Products Group segment manufactures freight and tank railcars for transporting various liquids, gases, and dry cargo; and offers railcar maintenance and modification services. This segment serves railroads, leasing companies, and industrial shippers of products in the agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. It sells or leases products and services through its own sales personnel and independent sales representatives. The company was incorporated in 1933 and is headquartered in Dallas, Texas.

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