Trinity Industries (TRN) Misses Q1 EPS by 6c; Guides In-Line

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Trinity Industries, Inc. Announces First Quarter 2016 Results

April 21, 2016 4:15 PM EDT

DALLAS--(BUSINESS WIRE)-- Trinity Industries, Inc. (NYSE: TRN) today announced earnings results for the first quarter ended March 31, 2016, including the following significant highlights:

Quarterly revenues and net income of $1.2 billion and $97.2 million, respectively Quarterly earnings per common diluted share of $0.64, including $0.03 per common diluted share related to sales of leased railcars Company repurchases approximately 2.1 million shares of common stock at a cost of $34.7 million under its share repurchase authorization during the quarter Company now anticipates full year 2016 earnings of between $2.00 and $2.30 per common... More