Trinity Industries Q3 earnings: First Look

FreightWaves11-01

(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...

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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":null,"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},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2480209460"}