Trinity Industries, Inc. Announces Fourth Quarter 2018 Results
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Trinity Industries (TRN) Misses Q4 EPS by 6c, Revenues Beat; Offers FY19 EPS Guidance
February 20, 2019 4:32 PM ESTTrinity Industries (NYSE: TRN) reported Q4 EPS of $0.19, $0.06 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $735 million versus the consensus estimate of $702.12 million.
Successfully completed tax-free spin-off of Arcosa, Inc. to Trinity shareholdersReported earnings from continuing operations per common diluted share of $0.19 compared with $3.37 in the same quarter of last yearEPS for the fourth quarter of 2018 included a one-time non-cash charge of $12.6 million, or $0.07 per share, associated with the write-off of assets held under capital leases in the Railcar Leasing and Management Services Group... More