earnings
confidence high
sentiment negative
materiality 0.75
Trinity Q1 EPS $0.29 (down 12% YoY); revenue $585M; FY guidance lowered to $1.40-1.60
TRINITY INDUSTRIES INC
2025-Q1 EPS reported
$0.26
revenue$585,400,000
- GAAP diluted EPS $0.29 vs $0.33 YoY; revenue $585M vs $810M, down 28% on lower railcar deliveries.
- Railcar deliveries 3,060 (down 35% YoY); orders 695; backlog $1.9B, down from $2.9B.
- Leasing fleet utilization 96.8%; FLRD +17.9%; renewal lease rates +29.5% above expiring.
- FY 2025 EPS guidance lowered to $1.40-1.60; industry deliveries forecast 28,000-33,000 railcars.
- Refinanced TRL-2023 term loan to $1.05B at SOFR+1.50%, maturity extended to 2030.