Trinity Industries, Inc. (NYSE:TRN) is set to announce third quarter earning results on Wednesday 21st October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, TRN to report 3Q20 income of $ 0.07 per share.
For the full year, analysts anticipate top line of $ 2111.38 million, while looking forward to income of $ 0.29 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 2,500.00 million ~ $ 2,700.00 million, where as bottomline are predicted in a range of $ 1.15 ~ $ 1.35 per share
Click Here For More Historical Outlooks Of Trinity Industries, Inc.
Previous Quarter Performance
Trinity Industries, Inc. reported income for the second quarter of $ 0.02 per share, from the revenue of $ 509.20 million. The quarterly earnings fell 93.10 percent while revenues down 30.82 percent compared with the same quarter last year.
Street analysts expected Trinity Industries, Inc. to report income of $ 0.10 per share on revenue of $ 459.86 million for the second quarter. The bottom line results missed street analysts by $ 0.08 or 80 percent, at the same time, top line results outshined analysts by $ 49.34 million or 10.73 percent.
Stock Performance
Shares of Trinity Industries, Inc. traded up $ 0.03 or 0.14 percent on Tuesday, reaching $ 21.32 with volume of 925.70 thousand shares. Trinity Industries, Inc. has traded high as $ 21.98 and has cracked $ 21.32 on the downward trend
The closing price of $ 21.32, representing a 46.52 % increase from the 52 week low of $ 14.53 and a 13.6 % decrease over the 52 week high of $ 24.64.
The company has a market capital of $ 2.53 billion and is part of the Industrials sector and Railroads industry.
Conference Call
Trinity Industries, Inc. will be hosting a conference call at 11:00 AM eastern time on 22nd October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.trin.net
Trinity Industries, Inc. provides rail transportation products and services in North America. It operates through three segments: Railcar Leasing and Management Services Group, Rail Products Group, and All Other.
