secwatch.observer — SEC 8-K summary
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Issuer:     TRINITY INDUSTRIES INC (TRN)
CIK:        0000099780
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0000099780-24-000129
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trinity Q2 GAAP EPS $0.67, adjusted $0.66; raises FY guidance to $1.55-$1.75
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- Revenue $841M, up 16% YoY; GAAP EPS $0.67 vs $0.23; adjusted EPS $0.66 vs $0.23.
- Rail Products margin 7.9% (vs 3.7% YoY); Leasing & Services margin 45.5%.
- Lease fleet utilization 96.9%; FLRD +28.3%; backlog $2.7B.
- FY 2024 EPS guidance raised by $0.20 to $1.55-$1.75.
- YTD operating cash flow $300M; sold 1,315 railcars for $143M gain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/99780/000009978024000129/0000099780-24-000129-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/99780/000009978024000129/trn-20240801.htm
  HTML page:      https://secwatch.observer/filing/0000099780-24-000129

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