earnings
confidence high
sentiment positive
materiality 0.75
Trinity Industries Q4/FY2023: Revenue $3.0B, Adj EPS $1.38, 2024 EPS Guidance $1.30-$1.50
TRINITY INDUSTRIES INC
2023-FY EPS reported
$1.27
revenue$2,983,300,000
- Full-year revenue $2,983M (+51% YoY); GAAP EPS $1.43, adjusted EPS $1.38 (+47% YoY).
- Q4 revenue $797.9M (+35% YoY); GAAP EPS $0.81, adjusted EPS $0.82.
- Lease fleet utilization 97.5%; FLRD +23.7%; dividend increased 8% to $0.28/share.
- Q4 railcar deliveries 4,000 (impacted by border closure); backlog $3.2B at year-end.
- Effective Jan 1, 2024, maintenance services moved to Leasing & Services segment; no impact on consolidated results.