Trinity IndustriesNYSE: TRN

Trinity Industries has a Strong Buy rating from Seeking Alpha's Quant system and a Buy rating from me, with a modest price gain expected. Trinity's revenue, EBITDA, and net income have risen steadily over the past four quarters, with no indication of troubles ahead for the company or the railcar industry. Trinity's Q3 earnings beat estimates, and the company has a strong dividend yield of 3.01%, with a five-year dividend growth rate averaging 11.84%.

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) today announced earnings results for the third quarter ended September 30, 2024. Financial and Operational Highlights Quarterly total company revenues of $799 million Quarterly income from continuing operations per common diluted share ("EPS") of $0.44 and adjusted EPS of $0.43; $0.17 improvement in adjusted EPS year over year Lease fleet utilization of 96.6% and FLRD of positive 28.4% at quarter-end Railcar deliveries of 4,360 and ne.

Trinity (TRN) is riding on its robust segmental performance. The company's efforts to reward shareholders are also encouraging.

Trinity's (TRN) top line gains from the strong performance of Railcar Leasing and Management Services Group and Rail Products Group. Efforts to reward shareholders are also encouraging.

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (“Trinity” or the “Company”) today announced that it has finalized the terms of its offering (the “Offering”) of an additional $200.0 million aggregate principal amount of its 7.750% Senior Notes due 2028 (the “Additional Notes”). Trinity anticipates that consummation of the offering will occur on June 5, 2024, subject to customary closing conditions. The Company intends to use the net proceeds from the Offering, together with cash on hand and/o.

Trinity (TRN) saw increased revenues in the first quarter of 2024 due to higher external deliveries in the Rail Products Group, improved lease rates, and an increase in external repairs in the Leasing Group.

Trinity Industries, Inc. (NYSE: TRN) will release its financial results for the first quarter of 2024 before the market opens on May 1, 2024. A conference call will be held at 8:00 a.m. Eastern on the same day to discuss the results. Investors can listen to the call live or via replay through a webcast.

Higher net interest expense and high debt act as concerns for Trinity's (TRN) bottom line.

Trinity's (TRN) fourth-quarter 2023 revenues benefit from higher external deliveries and favorable pricing in the Rail Products Group.