Welcome to our dedicated page for Trinity Industri news (Ticker: TRN), a resource for investors and traders seeking the latest updates and insights on Trinity Industri stock.
Trinity Industries, Inc. (NYSE: TRN) is a Dallas, Texas–based company whose businesses provide rail transportation products and services in North America under the TrinityRail® brand. This news page aggregates company announcements, earnings releases, financing transactions, partnership updates, and other disclosures that affect the TRN stock and its rail-focused operations.
Readers can follow quarterly and annual earnings news, where Trinity reports results for its Railcar Leasing and Services Group and Rail Products Group. These releases typically cover revenues, operating profit, earnings per share from continuing operations, lease fleet utilization, Future Lease Rate Differential (FLRD), new railcar orders and deliveries, and railcar backlog. The company also discusses cash flow from operations, net fleet investment, and returns of capital to stockholders.
News items also highlight capital markets and financing activities, such as asset-backed securitizations through subsidiaries like Trinity Rail Leasing 2025 LLC, and note purchase agreements for secured railcar notes. In addition, Trinity issues updates on railcar investment partnerships with private capital providers, including transactions involving entities such as TRIP Rail Holdings LLC, Triumph Rail Holdings LLC, and RIV 2013 Rail Holdings LLC, and related non-cash gains.
Investors can see announcements about dividend declarations and dividend increases, as well as information on Trinity’s dual listing on NYSE Texas alongside its primary New York Stock Exchange listing. The news feed may also include notices of upcoming conference presentations, earnings release dates, and conference calls, along with references to non-GAAP financial measures and their reconciliations.
By reviewing the TRN news page regularly, users can track how Trinity’s railcar leasing, manufacturing, maintenance, and logistics activities are reflected in its public communications and how these developments relate to the company’s stock and capital structure.
Trinity Industries, Inc. (NYSE:TRN) announced a quarterly cash dividend of 23 cents per share, marking its 234th consecutive dividend payment. The dividend is payable on October 31, 2022, to stockholders on record as of October 14, 2022. Trinity, headquartered in Dallas, Texas, is a leading provider of rail transportation products and services in North America, operating through two main segments: Railcar Leasing and Management Services Group and Rail Products Group.
Trinity Industries, Inc. (NYSE: TRN) will participate in two upcoming investor conferences during Q3 2022. The first is the Susquehanna Industrials, Airlines & Energy Conference on August 12, 2022, held virtually with CEO Jean Savage and VP Leigh Anne Mann participating. The second, the Cowen Global Sustainable Mobility Conference, is scheduled for September 7, 2022, also virtually, featuring EVP Gregg Mitchell and Leigh Anne Mann. Trinity Industries, a leader in rail transportation products and services, operates primarily in North America.
Trinity Industries (NYSE: TRN) reported Q2 2022 earnings with diluted EPS of $0.14, up from $0.05 in Q2 2021. Revenues increased to $417 million, driven by higher railcar deliveries. The company received orders for 4,335 railcars and delivered 2,510, resulting in a backlog of $2.2 billion. Lease fleet utilization reached 97.2%, with a Future Lease Rate Differential of +14.7%. Year-to-date, cash flow from operations was a net use of $61 million. Guidance for EPS was raised to $0.90-$1.10 from $0.85-$1.05, reflecting optimism for the second half of the year.
Trinity Industries, Inc. (NYSE: TRN) will release its financial results for the three and six months ended June 30, 2022, prior to market opening on July 27, 2022. A conference call is scheduled for the same day at 8:30 a.m. Eastern to discuss these results. Investors can listen via webcast on the company’s website or through a teleconference. Trinity is a leading provider of rail transportation products and services, with key segments in Railcar Leasing and Rail Products. More information can be found at www.trin.net.
Trinity Industries, Inc. (NYSE:TRN) has acquired Quasar Platform Inc. from Cando Rail & Terminals Ltd., enhancing its digital offerings with advanced rail logistics software. The acquisition, which closed on May 26, adds capabilities like yard management and data visualization tools to Trinity's existing Trinsight™ platform, aimed at improving supply chain efficiency for freight rail shippers. All Quasar employees will be retained. This acquisition is not expected to significantly impact Trinity's financial results.
Trinity Industries, Inc. (NYSE:TRN) has declared a quarterly dividend of 23 cents per share, marking its 233rd consecutive dividend. The dividend is payable on July 29, 2022 to shareholders on record as of July 15, 2022. This reinforces the company's commitment to returning value to its shareholders through consistent dividend payments.
Trinity Industries, Inc. (NYSE: TRN) announced its participation in two upcoming investor conferences. The first is the Wells Fargo Industrial Investor Conference on May 5, 2022, in New York City, featuring executives Eric Marchetto and Leigh Anne Mann. The second is the KeyBanc Industrials & Basic Materials Investor Conference on June 2, 2022, in Boston, MA, with CEO Jean Savage and the same executives. Trinity specializes in rail transportation products and services across North America, focusing on railcar leasing, management, manufacturing, and maintenance.
Trinity Industries (NYSE:TRN) reported Q1 2022 earnings, achieving a GAAP EPS of $0.09 and adjusted EPS of $0.03. The company generated $29 million in operating cash flow and $48 million in total free cash flow.
With a backlog of $1.9 billion, Trinity received orders for 5,055 railcars, delivering 2,470 during the quarter. Revenues rose to $473 million, up from $330 million YoY, driven by increased deliveries in the Rail Products Group. Lease fleet utilization reached 96.5%, reflecting a strong industrial recovery.
Trinity Industries, Inc. (NYSE: TRN) will announce its financial results for the quarter ending March 31, 2022, before markets open on April 27, 2022. A conference call to discuss these results will take place at 8:30 a.m. Eastern time on the same day. Investors can participate via a live webcast on the company's website or through a teleconference. A replay of the call will be available for one year. Trinity operates primarily in rail transportation products and services, including railcar leasing and manufacturing under the TrinityRail brand.
Trinity Industries, Inc. (NYSE: TRN) announced its participation in the J.P. Morgan Industrial Conference scheduled for March 17, 2022, in New York City. The event will feature management representatives, including Eric Marchetto, the Chief Financial Officer, and Leigh Anne Mann, the Vice President of Investor Relations. Trinity is a leading provider of rail transportation products and services across North America, operating primarily through its TrinityRail brand, which encompasses railcar leasing, management, manufacturing, and maintenance services.
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