Trinity Industries Forecasts 2024 EPS Of $1.30-$1.50 Compared To 2023 Reported EPS Of $1.43 And Adjusted EPS Of $1.38 Compared To Consensus Of $1.95
Portfolio Pulse from Benzinga Newsdesk
Trinity Industries forecasts its 2024 EPS to be in the range of $1.30-$1.50, which is below the 2023 reported EPS of $1.43 and adjusted EPS of $1.38, and significantly lower than the consensus estimate of $1.95.
February 22, 2024 | 12:45 pm
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Trinity Industries forecasts a lower EPS for 2024 compared to 2023 figures and consensus estimates, indicating potential challenges ahead.
The projected decrease in EPS for 2024 suggests Trinity Industries may face operational or market challenges, potentially leading to negative investor sentiment and a decrease in stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100