Full Year EPS Guidance Raised
Trinity Industries raised and tightened its full year EPS guidance to a range of $1.55 to $1.70, reflecting confidence in the business model and execution capabilities.
Strong Leasing Segment Performance
Leasing and Services segment revenue grew year-over-year, with a 96.8% fleet utilization rate. Renewal rates were 25.1% above expiring rates with an 82% renewal success rate.
Secondary Market Activity
Trinity capitalized on strong secondary market conditions, adding over $100 million of railcars and selling $80 million in the quarter.
SG&A Savings
Expected full year SG&A savings of approximately 20% compared to 2024.
Cash Flow and Capital Returns
Year-to-date cash flow from operations was $187 million, with $134 million returned to shareholders through dividends and buybacks.