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Trinity Industries, Inc. (TRN)
:TRN
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.33Last Year’s EPS
0.82Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 24, 2018
|% Change Since: 7.73%
|Next Earnings Date:Jul 25, 2018
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance with significant improvements in earnings, cash flow, and segment growth. Despite some challenges with lower deliveries and order deferrals, the company has raised its full-year EPS guidance and demonstrated robust secondary market activity. Overall, the sentiment is positive due to the outweighing highlights.Company Guidance
During the Trinity Industries Q3 2024 earnings call, the company provided updated guidance reflecting strong financial performance and positive market conditions. Trinity reported a quarterly adjusted EPS of $0.43, a $0.17 increase year-over-year, and raised its full-year EPS guidance to a range of $1.70 to $1.80. The Railcar Leasing and Services segment saw an 11% revenue increase, with an operating margin of 39.8%, while the Rail Products segment had an operating margin of 8.1% and revenues of $603 million. With fleet utilization at 96.6%, the future lease rate differential remained robust at 28.4%. Trinity's financial outlook remains positive, with a loan-to-value ratio at 68.2% and $924 million in liquidity, supporting continued investment in the lease fleet and strategic secondary market sales.Strong Earnings Performance
Quarterly adjusted EPS of $0.43, a $0.17 increase year-over-year, with operating profit rising by 22% compared to the previous year.
Increased Full-Year EPS Guidance
Full year EPS guidance raised to a range of $1.70 to $1.80, up from the initial guidance of $1.30 to $1.50.
Railcar Leasing and Services Segment Growth
Segment revenues increased by approximately 11% compared to the previous year, with operating profit 20% higher and a utilization rate of 96.6%.
Positive Cash Flow and Liquidity
Year-to-date cash flow from continuing operations was $384 million, with liquidity at $924 million.
Robust Secondary Market Activity
Successfully optimized fleet composition by selling $254 million out of the fleet, including a $143 million sale in Q2 to an RIV partner.
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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 |
|---|---|---|---|
| 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% |
| Feb 22, 2024 | $25.61 | $24.54 | -4.18% |
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, Inc. (TRN) report earnings?
Trinity Industries, Inc. (TRN) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Trinity Industries, Inc. (TRN) earnings time?
Trinity Industries, Inc. (TRN) earnings time is at Feb 20, 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 2024 (Q4) is 0.33.
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