Trinity Industries (TRN) Misses Q2 EPS by 8c, Revenues Beat

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Trinity Industries, Inc. Announces Second Quarter 2020 Results

July 22, 2020 4:15 PM EDT

Reports quarterly GAAP and Adjusted earnings (loss) from continuing operations of $(1.76) and $0.02 per diluted share, respectively

Generates year-to-date operating and free cash flow before leasing investment of $328 million and $372 million, respectively

Total committed liquidity of $709 million at the end of the second quarter

Pre-tax non-cash asset impairment charges of $369 million related to small cube covered hopper railcars

Returned $82 million of capital to stockholders year-to-date

DALLAS--(BUSINESS WIRE)-- Trinity Industries, Inc. (NYSE: TRN) today... More