Stifel Cuts Trinity (TRN) EPS by >40%

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Go back to Stifel Cuts Trinity (TRN) EPS by >40%

Trinity Industries, Inc. Announces Strong Fourth Quarter and Record Full Year 2015 Results

February 18, 2016 4:15 PM EST

DALLAS--(BUSINESS WIRE)-- Trinity Industries, Inc. (NYSE: TRN) today announced earnings results for the fourth quarter ended December 31, 2015, including the following significant highlights:

Fourth Quarter 2015

Earnings per common diluted share of $1.30, up 51% year-over-year Record operating margin for the Rail Group of 23.6% with record deliveries of 8,835 railcars Company completes sales of $479.5 million of leased railcars New institutional investor fund was formed, expanding the railcar investment vehicle ("RIV") platform Inland Barge Group receives orders with a value of $190.1 million

Full Year 2015

... More