Trinity Industries, Inc. Announces Second Quarter 2020 Results
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Trinity Industries (TRN) Misses Q2 EPS by 8c, Revenues Beat
July 22, 2020 4:16 PM EDTTrinity Industries (NYSE: TRN) reported Q2 EPS of $0.02, $0.08 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $509 million versus the consensus estimate of $459.86 million.
Financial and Operational Highlights Second Quarter 2020
Quarterly total company revenues of $509 millionQuarterly loss from continuing operations per common diluted share ("EPS") of $(1.76) and quarterly adjusted EPS of $0.02, which excludes the following:Non-cash impairment of long-lived assets totaling $1.86 per common diluted shareAdditional income tax benefit of $0.10 per common diluted share related to the effects of the Coronavirus Aid, Relief, and... More