Trinity Industries (TRN) Reports In-Line Q1 EPS, Revenue Comes in Light

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Trinity Industries, Inc. Announces First Quarter 2017 Results

April 25, 2017 4:15 PM EDT

DALLAS--(BUSINESS WIRE)-- Trinity Industries, Inc. (NYSE: TRN) today announced earnings results for the first quarter ended March 31, 2017, including the following:

Quarterly revenues and net income of $877.3 million and $46.0 million, respectively, compared to $1.2 billion and $97.2 million, respectively, in 2016 Quarterly earnings per common diluted share of $0.30 compared to $0.64 per share in 2016 Quarterly deliveries and orders totaling 3,770 and 970 railcars, respectively, in the Rail Group, compared to 7,145 and 1,620 railcars, respectively, in 2016 Rail Group backlog of $2.7 billion as of March 31, 2017, representing 26,420 railcars, compared to a backlog of $3.0 billion... More