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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.
