Trinity Industri Stock Price, News & Analysis

Trinity Industries (NYSE: TRN) will report its financial results for Q1 2021 on April 22, 2021, before market opening. A conference call will follow at 8:30 a.m. Eastern, accessible through the company’s Investor Relations webpage and via teleconference. Trinity is a key provider of rail transportation products in North America, focusing on railcar leasing, manufacturing, and traffic control products. More information is available on their website.

Trinity Industries, Inc. (NYSE:TRN) has released its first Corporate Social Responsibility (CSR) Report for 2020, highlighting its Environmental, Social, and Governance (ESG) efforts and response to COVID-19. The report aligns with Sustainability Accounting Standards Board (SASB) metrics. Key achievements include enhanced disclosure on diversity initiatives, commitments to set targets for sustainable operations, and recognition as the first railcar lessor in North America to publish a Green Financing Framework. This report signifies Trinity's ongoing dedication to ESG improvements and long-term stakeholder value.

Trinity Industries, Inc. (NYSE:TRN) announced a quarterly dividend of 21 cents per share, marking its 228th consecutive dividend. The dividend is set to be paid on April 30, 2021 to stockholders of record by April 15, 2021. Trinity, headquartered in Dallas, Texas, is a leading provider of rail transportation products and services in North America through its TrinityRail operations, which include railcar leasing, manufacturing, and maintenance.

Trinity Industries (NYSE:TRN) announced the election of William P. Ainsworth to its Board of Directors, increasing board membership from nine to ten. Ainsworth, with a strong background in the rail industry and experience in leadership at Caterpillar, will serve on both the Finance and Risk Committee and the Corporate Governance and Directors Nominating Committee. His tenure included serving as Group President at Caterpillar's Energy & Transportation segment and CEO of Progress Rail Services. Trinity's Non-Executive Chairman Leldon E. Echols emphasized Ainsworth's customer-focused approach as a vital asset for the company.

Trinity Industries, Inc. (NYSE: TRN) announced its participation in the J.P. Morgan Industrials Conference on March 15, 2021. The event will be held virtually and will feature key management including Eric Marchetto, EVP and Chief Financial Officer, and Jessica Greiner, VP of Investor Relations and Communications. Trinity Industries is a leading provider of rail transportation products and services in North America, operating under the trade name TrinityRail®. The company reports financial results through three primary segments: Railcar Leasing and Management Services, Rail Products, and All Other.

Trinity Industries (NYSE:TRN) reported Q4 2020 revenues of $416 million, reflecting a 51% decrease from Q4 2019, with a quarterly loss per share of $(1.13) due to various non-cash charges. The full-year revenue fell 33.5% to $2.0 billion. Adjusted EPS for Q4 was $0.04, while full-year adjusted EPS was $0.37. Key highlights include strong cash flow from operations of $652 million and a return of $285 million to shareholders through dividends and repurchases. Lease fleet utilization stood at 94.5% with improvements anticipated in 2021 despite ongoing market uncertainties due to COVID-19.

Trinity Industries, Inc. (NYSE: TRN) will release its fourth quarter 2020 earnings results on February 24, 2021, before the market opens, due to adverse weather conditions affecting its initial schedule. A conference call will occur at 8:30 a.m. Eastern on the same day to discuss these results. Investors can access the call via a webcast at the company’s website or by dialing in. Trinity provides rail transportation products and services, reporting results in three segments: Railcar Leasing, Rail Products, and All Other.

TrinityRail has introduced two new service offerings aimed at enhancing its platform for customers. The new Trinsight™ technology service platform provides real-time analytics on railcar fleets, improving operational efficiency and safety. This service complements the RailPulse joint venture and utilizes data from over 132,000 railcars. Additionally, TrinityRail Maintenance Services acquired Bay Worx Rail, enhancing cleaning capabilities with advanced robotics. This acquisition aims to increase service capacity and improve safety through innovative technology.

Trinity Industries, Inc. (NYSE: TRN) will report its financial results for Q4 and the full year of 2020 on February 18, 2021, before market opening. A conference call will follow at 8:30 a.m. Eastern to discuss the results. Investors can listen via a webcast on the company’s website or participate in a teleconference using the provided dial-in number. Trinity operates in rail transportation products and services under the TrinityRail® brand, reporting in three business segments: Railcar Leasing and Management Services, Rail Products, and All Other.