Trinity Industries Q3 earnings: First Look

FreightWaves

2024-11-01

(Photo: Trinity Rail)

Third-quarter revenue declined but operating profit improved for railcar builder Trinity Industries.

Revenues were $799 million for the third quarter ended Sept. 30, down from $821 million in the year-ago quarter.

The Dallas-based company (NYSE: TRN) said in an earnings release that lower deliveries of 4,360 railcars was partially offset by favorable pricing and more outside repair work.

Trinity took in orders for 1,810 new railcars.

Operating profit totaled $122 million, up from $100 million on improved railcar lease rates and improved efficiencies in the Rail Products Group.

Net income rose to $37 million from $25 million.

Adjusted earnings per share was $.43, compared with $.26 a year ago.

The company forecast full-year earnings of $1.70-1.80 per share.

Find more articles by Stuart Chirls here.

Related coverage:

ILA says Clean Port grants a ‘big win’ for union jobs

Millions in funding for key Montreal port commodity

Greenbrier Q4 rolls on higher railcar deliveries

The post Trinity Industries Q3 earnings: First Look appeared first on FreightWaves.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2480209460"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2480209460\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2480209460?lang=zh_CN&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/F.LzmGYlg9m8NPkUPPwERw--~B/aD0xMDg4O3c9MTIwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/freightwaves_373/54312c53a611163296f52dae3e32e5fc","is_english":true,"pubTime":"2024-11-01 06:39","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2480209460","market":"us","top_or_hot":-1,"title":"Trinity Industries Q3 earnings: First Look","media":"FreightWaves","content":"<html><body><figure>\n<img height=\"1088\" src=\"https://s1.yimg.com/uu/api/res/1.2/x7FXPL32JiFetfyDODkW6g--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/freightwaves_373/54312c53a611163296f52dae3e32e5fc\" width=\"1200\"/>\n<figcaption>\n  (Photo: Trinity Rail)\n </figcaption>\n</figure>\n<p>Third-quarter revenue declined but operating profit improved for railcar builder Trinity Industries.</p>\n<p>Revenues were $799 million for the third quarter ended Sept. 30, down from $821 million in the year-ago quarter. </p>\n<p>The Dallas-based company (NYSE: TRN) said in an earnings release that lower deliveries of 4,360 railcars was partially offset by favorable pricing and more outside repair work.</p>\n<p>Trinity took in orders for 1,810 new railcars.</p>\n<p>Operating profit totaled $122 million, up from $100 million on improved railcar lease rates and improved efficiencies in the Rail Products Group.  </p>\n<p>Net income rose to $37 million from $25 million.</p>\n<p>Adjusted earnings per share was $.43, compared with $.26 a year ago.</p>\n<p>The company forecast full-year earnings of $1.70-1.80 per share.</p>\n<p><em>Find more articles by Stuart Chirls <strong>here</strong>.</em></p>\n<p><strong><em>Related coverage:</em></strong></p>\n<p><em>ILA says Clean Port grants a ‘big win’ for union jobs</em></p>\n<p><em>Millions in funding for key Montreal port commodity</em></p>\n<p><em>Greenbrier Q4 rolls on higher railcar deliveries</em></p>\n<p>The post Trinity Industries Q3 earnings: First Look appeared first on FreightWaves.</p></body></html>","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trinity Industries Q3 earnings: First Look</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrinity Industries Q3 earnings: First Look\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-01 06:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/trinity-industries-q3-earnings-first-223934365.html><strong>FreightWaves</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Photo: Trinity Rail)\n \n\nThird-quarter revenue declined but operating profit improved for railcar builder Trinity Industries.\nRevenues were $799 million for the third quarter ended Sept. 30, down from...</p>\n\n<a href=\"https://finance.yahoo.com/news/trinity-industries-q3-earnings-first-223934365.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TRN","symbol_name":"Trinity Industries Inc","start_time":0,"source_url":"https://finance.yahoo.com/news/trinity-industries-q3-earnings-first-223934365.html","article_id":"2480209460","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/F.LzmGYlg9m8NPkUPPwERw--~B/aD0xMDg4O3c9MTIwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/freightwaves_373/54312c53a611163296f52dae3e32e5fc"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480209460","pubTimestamp":1730414374,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Third-quarter revenue declined but operating profit improved for railcar builder Trinity Industries.Revenues were $799 million for the third quarter ended Sept. 30, down from $821 million in the year-ago quarter.The Dallas-based company  said in an earnings release that lower deliveries of 4,360 railcars was partially offset by favorable pricing and more outside repair work.Trinity took in orders for 1,810 new railcars.Operating profit totaled $122 million, up from $100 million on improved railcar lease rates and improved efficiencies in the Rail Products Group.Net income rose to $37 million from $25 million.Adjusted earnings per share was $.43, compared with $.26 a year ago.The company forecast full-year earnings of $1.70-1.80 per share.ILA says Clean Port grants a ‘big win’ for union jobs. Millions in funding for key Montreal port commodity. The post Trinity Industries Q3 earnings: First Look appeared first on FreightWaves.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"TRN":"Trinity Industries Inc"},"translate_title":"三一工业第三季度收益：第一眼","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TRN":0.9},"content_text":"(Photo: Trinity Rail)\n \n\nThird-quarter revenue declined but operating profit improved for railcar builder Trinity Industries.\nRevenues were $799 million for the third quarter ended Sept. 30, down from $821 million in the year-ago quarter. \nThe Dallas-based company (NYSE: TRN) said in an earnings release that lower deliveries of 4,360 railcars was partially offset by favorable pricing and more outside repair work.\nTrinity took in orders for 1,810 new railcars.\nOperating profit totaled $122 million, up from $100 million on improved railcar lease rates and improved efficiencies in the Rail Products Group.  \nNet income rose to $37 million from $25 million.\nAdjusted earnings per share was $.43, compared with $.26 a year ago.\nThe company forecast full-year earnings of $1.70-1.80 per share.\nFind more articles by Stuart Chirls here.\nRelated coverage:\nILA says Clean Port grants a ‘big win’ for union jobs\nMillions in funding for key Montreal port commodity\nGreenbrier Q4 rolls on higher railcar deliveries\nThe post Trinity Industries Q3 earnings: First Look appeared first on FreightWaves.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}