Earnings ·
Trinity Industries reports Q3 EPS of $0.27, raises secondary market gain expectations
TRNTrinity Industries Inc
Trinity Industries reported third-quarter earnings from continuing operations of $0.27 per diluted share on revenues of $535 million, an 18% increase year over year. The company generated $243 million in year-to-date operating cash flow and recorded net gains of $39 million on lease portfolio sales. Management raised its full-year expectation for secondary market railcar sale gains to $180 million–$200 million, while maintaining 2026 EPS guidance at $2.20–$2.40. Trinity also closed a $350 million term loan and acquired the assets of Rubber Lining Specialists. The company operates in the rail transportation sector, providing railcar leasing, manufacturing, and maintenance services.