* Trinity Industries Inc reported quarterly adjusted earnings of 37 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 26 cents. The lone analyst forecast for the quarter was for earnings of 38 cents per share.
* Revenue fell 2.7% to $798.80 million from a year ago; analysts expected $696.00 million.
* Trinity Industries Inc's reported EPS for the quarter was 37 cents.
* The company reported quarterly net income of $31.4 million.
* Trinity Industries Inc shares had risen by 2.6% this quarter and gained 34.4% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 16.9% in the last three months.
* In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the heavy machinery & vehicles peer group is also "hold"
Wall Street's median 12-month price target for Trinity Industries Inc is 35.00 This summary was machine generated from LSEG data November 1 at 03:34 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.38 0.37 Missed
Jun. 30 2024 0.34 0.66 Beat
Mar. 31 2024 0.22 0.33 Beat
Dec. 31 2023 0.64 0.82 Beat
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