Trinity Industries, Inc. Announces First Quarter 2020 Results

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Trinity Industries (TRN) Misses Q1 EPS by 2c, Revenues Beat

April 29, 2020 4:22 PM EDT

Trinity Industries (NYSE: TRN) reported Q1 EPS of $0.11, $0.02 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $615.2 million versus the consensus estimate of $584.7 million.

Coming into 2020, Trinity was rapidly and effectively executing on a number of optimization efforts to align with the Companys go-forward business strategy as well as responding to the decline in railcar demand from the slowing industrial economy in the preceding year, said Jean Savage,... More