Trinity Industries, Inc. Announces Strong Improvement in Third Quarter 2019 Results

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Go back to Trinity Industries, Inc. Announces Strong Improvement in Third Quarter 2019 Results

Trinity Industries (TRN) Tops Q3 EPS by 4c, Revenues Beat; Narrows FY19 EPS Guidance Below Consensus

October 23, 2019 4:29 PM EDT

Trinity Industries (NYSE: TRN) reported Q3 EPS of $0.39, $0.04 better than the analyst estimate of $0.35. Revenue for the quarter came in at $813.6 million versus the consensus estimate of $809.74 million.

Financial and Operational Highlights - Third Quarter 2019 (as of September 30, 2019):

Quarterly total company revenue of $813.6 million, reflecting growth of 34.1% year over yearQuarterly earnings from continuing operations per common diluted share (\"EPS\") of $0.39, an increase of 105% year over yearQuarterly revenues from leasing and management services of $190.1 million with a 42.0% operating profit marginGrowth of the wholly-owned and partially-owned lease fleet... More