Trinity Industries (NYSE:TRN) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Posted by Hanz Christensen on Feb 22nd, 2025

Trinity Industries (NYSE:TRN – Get Free Report) posted its earnings results on Thursday. The transportation company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.01, Zacks reports. Trinity Industries had a net margin of 4.49% and a return on equity of 11.78%. The firm had revenue of $629.40 million during the quarter, compared to analyst estimates of $589.30 million. Trinity Industries updated its FY 2025 guidance to 1.500-1.800 EPS.

Trinity Industries Price Performance

Shares of NYSE:TRN opened at $30.27 on Friday. The company’s 50-day moving average is $36.26 and its 200 day moving average is $35.23. The company has a debt-to-equity ratio of 4.35, a quick ratio of 1.08 and a current ratio of 1.80. The company has a market capitalization of $2.49 billion, a P/E ratio of 18.46 and a beta of 1.40. Trinity Industries has a fifty-two week low of $23.67 and a fifty-two week high of $39.83.

Trinity Industries Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were issued a $0.30 dividend. This is an increase from Trinity Industries’s previous quarterly dividend of $0.28. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date was Wednesday, January 15th. Trinity Industries’s payout ratio is 73.17%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on TRN shares. StockNews.com lowered shares of Trinity Industries from a “buy” rating to a “hold” rating in a research note on Monday, November 4th. The Goldman Sachs Group initiated coverage on shares of Trinity Industries in a report on Monday, November 18th. They issued a “neutral” rating and a $39.00 price target on the stock.

Check Out Our Latest Research Report on TRN

Trinity Industries Company Profile

(Get Free Report)

Trinity Industries, Inc provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services.