Trinity Industries, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 25, 2022 at 06:55 am EDT
Share
Trinity Industries, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 496.6 million compared to USD 419.8 million a year ago. Net income was USD 25.8 million compared to USD 32 million a year ago. Basic earnings per share from continuing operations was USD 0.36 compared to USD 0.22 a year ago. Diluted earnings per share from continuing operations was USD 0.35 compared to USD 0.22 a year ago. Basic earnings per share was USD 0.32 compared to USD 0.33 a year ago. Diluted earnings per share was USD 0.31 compared to USD 0.33 a year ago.
For the nine months, sales was USD 1,386.1 million compared to USD 1,043.8 million a year ago. Net income was USD 28.8 million compared to USD 48 million a year ago. Basic earnings per share from continuing operations was USD 0.59 compared to USD 0.23 a year ago. Diluted earnings per share from continuing operations was USD 0.57 compared to USD 0.22 a year ago. Basic earnings per share was USD 0.35 compared to USD 0.46 a year ago. Diluted earnings per share was USD 0.34 compared to USD 0.45 a year ago.
Trinity Industries, Inc. is the owner of businesses that provide rail transportation products and services in North America. The Company markets its railcar products and services under the trade name TrinityRail. The TrinityRail platform provides railcar leasing and management services; railcar manufacturing, maintenance and modifications, and other railcar logistics products and services. Its segments include the Railcar Leasing and Management Services Group and the Rail Products Group. Its Railcar Leasing and Management Services Group owns and operates a fleet of railcars and provides third-party fleet leasing, management, administrative services, and other railcar logistics products and services. Its Rail Products Group manufactures and sells railcars and related parts and components and provides railcar maintenance and modification services. It operates in various markets including refined products and chemicals, energy, agriculture, construction and metals, and consumer products.
TRINITY INDUSTRIES, INC. 
