secwatch.observer — SEC 8-K summary
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Issuer:     TRINITY INDUSTRIES INC (TRN)
CIK:        0000099780
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0000099780-24-000145
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trinity Q3 EPS $0.44, raises full-year guidance to $1.70-$1.80
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- Quarterly GAAP EPS $0.44, adjusted EPS $0.43; revenue $799M, operating profit $122.4M.
- Railcar Leasing & Services revenue $289.5M (+11% YoY), operating margin 39.8%; FLRD +28.4%.
- Rail Products revenue $603.2M, operating margin 8.1%; delivered 4,360 railcars, backlog $2.4B.
- Year-to-date cash from ops $384M; net gains on lease portfolio sales $36M; raised EPS guidance to $1.70-$1.80.
- Net fleet investment guidance lowered to $200M-$300M; expected gains on portfolio sales ~$55M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/99780/000009978024000145/0000099780-24-000145-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/99780/000009978024000145/trn-20241031.htm
  HTML page:      https://secwatch.observer/filing/0000099780-24-000145

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