earnings
confidence high
sentiment positive
materiality 0.75
Trinity Q1 EPS $0.32 (up 10% YoY); raises FY26 EPS guidance to $2.20-2.40 (midpoint +16%)
TRINITY INDUSTRIES INC
2026-Q1 EPS reported
$0.30
revenue$492,000,000
- EPS $0.32 from continuing ops vs $0.29 YoY; revenue $492M (down 16% YoY on lower railcar deliveries).
- Raised full-year EPS guidance to $2.20-$2.40 (prior $1.85-$2.10), citing higher gains on sales.
- Lease fleet utilization 97.3%; FLRD positive 1.2% for 19th straight quarter; gains on sales $22M.
- Closed Napier Park restructuring; expects $130M non-cash pre-tax gain in Q2 2026.
- Issued $481M ABS notes at 5.36% to redeem $377M at 3.82%; net cash generation $100M.