earnings
confidence high
sentiment neutral
materiality 0.65
Trinity Q2 EPS $0.19 (down from $0.67); revenue $506M; lease orders improve; reaffirms FY EPS $1.40-$1.60
TRINITY INDUSTRIES INC
2025-Q2 EPS reported
$0.43
revenue$1,091,600,000
- Q2 GAAP EPS $0.19 vs $0.67 YoY; revenue $506M vs $841M, down 40% on lower railcar deliveries.
- Lease fleet utilization 96.8%; FLRD +18.3% (13th straight double-digit); leasing revenue up 7.5% YoY to $302.4M.
- Rail Products delivered 1,815 units (down from 4,755); orders 2,310 (book-to-bill 1.3x); segment op margin 3.0%.
- FY 2025 EPS guidance $1.40-$1.60; net fleet investment $250-$350M; gains on lease sales $50-$60M.
- YTD share repurchases $39M; $792M liquidity; LTV 69.4%; severance $8M YTD, expected $15M total.
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