Stifel Cuts Trinity (TRN) EPS by >40%
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Trinity Industries, Inc. Announces Strong Fourth Quarter and Record Full Year 2015 Results
February 18, 2016 4:15 PM ESTDALLAS--(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 millionFull Year 2015
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