Trinity Industries Inc reports results for the quarter ended September 30 - Earnings Summary

• Trinity Industries Inc TRN.N reported quarterly adjusted earnings of 27 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 37 cents. The mean expectation of two analysts for the quarter was for earnings of 27 cents per share. Wall Street expected results to range from 25 cents to 28 cents per share.

• Revenue rose 17.8% to $535.10 million from a year ago; analysts expected $498.36 million.

• Trinity Industries Inc's reported EPS for the quarter was 22 cents​.

• The company reported quarterly net income of $17.6 million.

• Trinity Industries Inc shares had risen by 0.1% this quarter and lost 3.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the heavy machinery & vehicles peer group is "buy."

• Wall Street's median 12-month price target for Trinity Industries Inc is $31.00, about 17.5% above its last closing price of $25.56

This summary was machine generated from LSEG data October 29 at 03:43 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)