Trinity Industries Q3 2024 Adj. EPS $0.43 Beats $0.38 Estimate, Sales $798.800M Beat $696.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
Trinity Industries reported Q3 2024 earnings per share of $0.43, surpassing the analyst estimate of $0.38. The company's sales were $798.8 million, exceeding the expected $696 million, despite a 2.74% decrease from the previous year.
October 31, 2024 | 10:56 am
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Trinity Industries exceeded Q3 2024 earnings and sales estimates, with EPS at $0.43 and sales at $798.8M, despite a slight year-over-year sales decline.
Trinity Industries' Q3 2024 earnings and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The EPS beat by 13.16% and sales beat by 14.77% suggest strong operational performance. Despite a slight year-over-year sales decline, the market is likely to react positively to the earnings beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100