Trinity Industries, Inc. Announces Third Quarter 2020 Results
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Trinity Industries (TRN) Tops Q3 EPS by 14c, Revenues Miss
October 21, 2020 4:17 PM EDTTrinity Industries (NYSE: TRN) reported Q3 EPS of $0.21, $0.14 better than the analyst estimate of $0.07. Revenue for the quarter came in at $459 million versus the consensus estimate of $486.28 million.
Financial and Operational Highlights Third Quarter 2020
Quarterly total company revenues of $459 millionQuarterly income from continuing operations per common diluted share ("EPS") of $0.21 and quarterly adjusted EPS of $0.17, which excludes the following:Restructuring activities totaling $0.03 per common diluted shareAdditional income tax benefit of $0.07 per common diluted share related to carryback claims as permitted under recent tax legislationBoth year-to-date cash flow from... More