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Trinity Industries, Inc. - TRN STOCK NEWS

Welcome to our dedicated news page for Trinity Industries (Ticker: TRN), a resource for investors and traders seeking the latest updates and insights on Trinity Industries.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Trinity Industries's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Trinity Industries's position in the market.

Rhea-AI Summary
Trinity Industries, Inc. (TRN) will report Q1 2024 financial results on May 1, 2024. The company operates in rail transportation products and services in North America. Trinity has two reportable business segments: Railcar Leasing and Services Group and Rail Products Group.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.11%
Tags
-
Rhea-AI Summary
Trinity Industries, Inc. (TRN) announces a quarterly dividend of 28 cents per share on its common stock, marking the 240th consecutive dividend payment. The dividend will be paid on April 30, 2024, to stockholders of record on April 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.43%
Tags
dividends
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Rhea-AI Summary
Trinity Industries, Inc. (TRN) reports full year GAAP earnings of $1.43 per share and adjusted earnings of $1.38 per share. Lease fleet utilization stands at 97.5% with a positive Future Lease Rate Differential of 23.7%. The company delivered 17,355 railcars in the year with a backlog of $3.2 billion. Quarterly total company revenues reached $798 million, showing a 35% improvement year over year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.15%
Tags
Rhea-AI Summary
Trinity Industries, Inc. (TRN) will report its financial results for the three months and twelve months ended December 31, 2023, before the financial markets open on February 22, 2024, followed by a conference call to discuss the results. Trinity is a leading provider of rail transportation products and services in North America, with businesses focusing on railcar leasing, management, manufacturing, maintenance, and logistics. The company's financial results are reported in two segments: the Railcar Leasing and Management Services Group and the Rail Products Group.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
Tags
-
Rhea-AI Summary
Trinity Industries, Inc. (NYSE:TRN) has announced a significant 8% increase in its quarterly dividend to 28 cents per share on its $0.01 par value common stock. This reflects the company's continued commitment to dividend growth and marks its 239th consecutive dividend payment. The dividend is payable on January 31, 2024, to stockholders of record on January 12, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.97%
Tags
dividends
-
Rhea-AI Summary
TRN: Trinity Industries, Inc. to Present at 2023 Stephens Annual Investment Conference. President and CEO Jean Savage to speak on the company's rail transportation products and services. Webcast available at www.trin.net. Trinity Industries, Inc. is a leading provider of rail transportation products and services in North America. The company reports its financial results in two principal business segments: the Railcar Leasing and Management Services Group and the Rail Products Group.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
Tags
conferences
Rhea-AI Summary
Trinity Industries, Inc. (NYSE:TRN) reported strong financial and operational results for the third quarter of 2023. The company generated year-to-date operating and adjusted free cash flow of $216 million and $50 million, respectively. Quarterly total company revenues were $821 million, showing a 65% improvement year over year. Trinity delivered 4,325 railcars and received orders for 3,200 railcars in the quarter, resulting in a backlog of $3.6 billion at quarter-end.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.9%
Tags
-
Rhea-AI Summary
Trinity Industries delivered 4,325 new railcars in Q3, 685 units below projection due to border closure by CBP. Increased state vehicle inspections caused truck traffic congestion, impacting supply chain. Rail and truck congestion at the border will continue to affect deliveries. Trinity is actively monitoring the situation. CBP suspended rail traffic in Eagle Pass, Texas, due to migrant influx, causing substantial congestion. Trinity is evaluating alternatives for transportation. Financial impact to be discussed on Q3 earnings call on November 2, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9%
Tags
none
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Rhea-AI Summary
Trinity Industries, Inc. will report Q3 financial results on November 2, 2023. Trinity's businesses provide rail transportation products and services in North America. The company operates in two principal segments: Railcar Leasing and Management Services Group and Rail Products Group.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.64%
Tags
Rhea-AI Summary
Trinity Industries, Inc. declares a quarterly dividend of 26 cents per share on its common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.05%
Tags
dividends
Trinity Industries, Inc.

NYSE:TRN

TRN Rankings

TRN Stock Data

2.20B
80.64M
0.93%
84.91%
2.12%
Heavy Duty Truck Manufacturing
Manufacturing
Link
US
Dallas

About TRN

trinity industries, inc. is a diversified industrial company that owns market-leading businesses providing products and services to the energy, transportation, chemical, and construction sectors. trinity reports its financial results in five principal business segments: the rail group, the railcar leasing and management services group, the inland barge group, the construction products group and the energy equipment group.