Trinity Industries Q2 2024 Adj. EPS $0.66 Beats $0.34 Estimate, Sales $841.400M Beat $769.400M Estimate
Portfolio Pulse from Benzinga Newsdesk
Trinity Industries (NYSE:TRN) reported strong Q2 2024 earnings, with adjusted EPS of $0.66 beating the $0.34 estimate and sales of $841.4M surpassing the $769.4M estimate. This represents significant year-over-year growth in both earnings and sales.
August 01, 2024 | 11:00 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Trinity Industries reported Q2 2024 adjusted EPS of $0.66, significantly beating the $0.34 estimate. Sales also exceeded expectations, coming in at $841.4M versus the $769.4M estimate. Both earnings and sales showed strong year-over-year growth.
The significant beat on both EPS and sales estimates, along with strong year-over-year growth, is likely to positively impact Trinity Industries' stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100