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Trinity Industries (TRN)
NYSE:TRN
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.32Last Year’s EPS
0.33Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: -25.29%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
Trinity Industries showcased strong financial performance in 2024, with significant improvements in earnings per share and return on equity. The leasing and services segment performed well, and there are positive market signals for 2025. However, challenges such as uncertainty around tariffs, lower expected railcar deliveries, and increased maintenance costs present headwinds for the upcoming year.Company Guidance
During the Trinity Industries conference call, guidance for 2025 was discussed with several key metrics highlighted. The company anticipates 2025 industry deliveries to be approximately 35,000 railcars, reflecting a 20% decrease from 2024. The guidance for 2025 EPS is set within the range of $1.50 to $1.80 per share, with an expected tax rate of 25% to 27%. Trinity projects net lease fleet investments to be between $300 million and $400 million, while manufacturing capital expenditures are estimated at $45 million to $55 million. The leasing and services segment is expected to maintain operating margins between 38% and 41%, with gains on lease portfolio sales anticipated to be between $40 million to $50 million. The rail products segment is expected to achieve a full-year operating margin between 7% and 8%. Additionally, the company plans to achieve approximately $40 million in SG&A cost savings, including reductions in incentive compensation.Strong Financial Performance in 2024
Trinity Industries reported a full-year adjusted EPS of $1.82, a 32% year-over-year increase, and an adjusted ROE of 14.6%. Cashflow from operations with net gains on lease portfolio sales was $645 million, reflecting a 65% increase over 2023.
Leasing and Services Segment Success
The leasing and services segment generated revenues of $287 million in Q4 and $1.1 billion for the full year 2024, with a segment operating profit of $121 million and a margin of 42%. The lease fleet utilization rate was 97%.
Positive Market Signals
There are positive volume signals in the agricultural, chemicals, and intermodal segments, with elevated inquiry levels for 2025 and anticipated acceleration in orders as policy changes become more explicit.
Parts Business Growth
The parts business performed exceptionally well in 2024, focusing on expanding to support the lease fleet and maintenance network, with promising opportunities for growth.
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TRN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TRN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $34.21 | $31.36 | -8.33% |
| Oct 31, 2024 | $35.44 | $34.00 | -4.06% |
| Aug 01, 2024 | $32.54 | $35.93 | +10.42% |
| May 01, 2024 | $25.37 | $28.81 | +13.56% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Trinity Industries (TRN) report earnings?
Trinity Industries (TRN) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Trinity Industries (TRN) earnings time?
Trinity Industries (TRN) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TRN EPS forecast?
TRN EPS forecast for the fiscal quarter 2025 (Q1) is 0.32.
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