Trinity Industries Expects FY24 EPS Of $1.35-$1.55 Vs. $1.42 Estimate; Sees Industry Deliveries Of Approximately 40,000 Railcars
Portfolio Pulse from Benzinga Newsdesk
Trinity Industries forecasts its FY24 EPS to be in the range of $1.35-$1.55, compared to the analyst estimate of $1.42. The company also anticipates industry deliveries of around 40,000 railcars.
May 01, 2024 | 11:00 am
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Trinity Industries forecasts FY24 EPS to be between $1.35 and $1.55, which brackets the analyst estimate of $1.42. The company also expects industry deliveries of approximately 40,000 railcars.
The forecasted EPS range by Trinity Industries encompasses the current analyst estimate, indicating a positive outlook on the company's financial performance. The expected industry deliveries provide additional context on the market demand, potentially signaling a robust market position for Trinity Industries. This information is likely to be viewed positively by investors, suggesting a potential upward movement in TRN's stock price in the short term.
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