Trinity Industries Reports Strong 2024 Financial Results

Trinity Industries ( (TRN) ) just unveiled an announcement.

Trinity Industries, Inc. announced its financial results for the fourth quarter and full year ending December 31, 2024, reporting a full-year GAAP and adjusted earnings from continuing operations of $1.81 and $1.82 per diluted share, respectively. The company experienced a 32% increase in full-year adjusted EPS, attributed to higher lease rates, improved margin performance, and increased external repairs. Trinity delivered 17,570 railcars in 2024 with a year-end backlog of $2.1 billion. Despite a 20% expected decrease in industry deliveries for 2025, Trinity maintains a positive outlook with a projected EPS guidance of $1.50 to $1.80, reflecting continued leasing revenue improvement and consistent operating margins.

More about Trinity Industries

Trinity Industries, Inc. is a company involved in manufacturing and leasing railcars, with a focus on the rail industry. The company is known for its leasing services and rail products, maintaining a significant position in the railcar leasing and manufacturing market.

YTD Price Performance: -1.75%

Average Trading Volume: 491,122

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $2.84B

For an in-depth examination of TRN stock, go to TipRanks’ Stock Analysis page.