Trinity Industries (TRN) Tops Q2 EPS by 14c, Reaffirms Guidance

Trinity Industries (NYSE: TRN) reported Q2 EPS of $0.62, $0.14 better than the analyst estimate of $0.48. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.18 billion.

For the full year of 2016, the Company anticipates earnings per common diluted share of between $2.00 and $2.30, unchanged from its previous guidance. Actual results in 2016 may differ from present expectations and could be impacted by a number of factors including, among others, fluctuations in prices of commodities that our customers produce and transport; expenses related to current and potential litigation; the operating leverage and efficiencies that can be achieved by the Company's manufacturing businesses; the costs associated with aligning manufacturing production capacity with demand; the level of sales and profitability of manufacturing railcars; the level of profitability associated with the sales of leased railcars; the dilutive impact of the convertible notes related to changes in the Company's stock price; and the impact of weather conditions on our operations and delivery schedules.

For earnings history and earnings-related data on Trinity Industries (TRN) click here.

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