secwatch.observer — SEC 8-K summary
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Issuer:     TRINITY INDUSTRIES INC (TRN)
CIK:        0000099780
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0000099780-24-000052
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trinity Q1 revenue $810M (+26% YoY); EPS $0.33; raises FY guidance to $1.35-$1.55
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- GAAP and adjusted EPS of $0.33 vs $0.09 a year ago; adjusted EPS up $0.26 YoY.
- Revenue $810M (+26% YoY); Rail Products operating profit up 82% to $43.8M.
- Lease fleet utilization 97.5%; FLRD +34.7% (second-highest since reporting began).
- Deliveries 4,695 railcars; backlog $2.9B; new orders 1,880.
- 2024 EPS guidance raised to $1.35-$1.55; expects rail industry deliveries ~40,000.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/99780/000009978024000052/0000099780-24-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/99780/000009978024000052/trn-20240501.htm
  HTML page:      https://secwatch.observer/filing/0000099780-24-000052

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer