One company that I have fond memories of is Trinity Industries (NYSE: TRN ). This is because it is a business that I have followed for many years. In fact, it is one of the first five companies I ever bought sharesCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E& ...

It is rare for Seeking Alpha's Quant system to give any stock a Strong Buy rating. But it has had one for Trinity Industries, Inc. (NYSE: TRN ) since June 27, 2024.Robert F. Abbott has been investing his family’s accounts since 1995, and in 2010 added options, mainly covered calls and collars with long stocks. He is a freelance writer, and his projects include a website that provides information for new and intermediate-level mutual fund investors. A resident of Airdrie, Alberta, Canada, Robert has earned B ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ . Commission File Number 1-6903 TRINITY INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Delaware 75-0225040 ...

Trinity Industries, Inc. (NYSE:TRN) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Leigh Anne Mann - Vice President, Investor Relations Jean Savage - President and CEO Eric Marchetto - Chief Financial Officer Conference Call Participants Bascome Majors - Susquehanna Operator Good day and welcome to the Trinity Industries Third Quarter Ended September 30, 2024 Results Conference Call. All participants will be in listen-only mode. [Operator Instructions]. Please note this ev ...

Financial Performance - Quarterly total revenues of $799 million, with a year-over-year adjusted EPS improvement of $0.17 to $0.43[2] - Operating profit increased to $122.4 million, up from $100.2 million year-over-year[5] - Revenues for the three months ended September 30, 2024, were $798.8 million, a decrease of 2.9% from $821.3 million in the same period last year[18] - Operating profit increased to $122.4 million for the three months ended September 30, 2024, compared to $100.2 million in the prior year, representing a 22.0% increase[18] - Net income attributable to Trinity Industries, Inc. was $31.4 million, up from $21.8 million, reflecting a 44.0% increase year-over-year[18] - Basic earnings per share from continuing operations rose to $0.45, compared to $0.30 in the same quarter last year, marking a 50.0% increase[18] - Operating profit for the three months ended September 30, 2023, was $100.2 million, with an adjusted profit of $96.5 million[28] - Income from continuing operations before income taxes for the nine months ended September 30, 2023, was $68.5 million, down from $62.3 million in the previous year[29] - Net income from continuing operations attributable to Trinity Industries, Inc. for the nine months ended September 30, 2023, was $51.3 million, compared to $46.7 million in the prior year[29] - Diluted income from continuing operations per common share for the three months ended September 30, 2023, was $0.29, down from $0.26 in the previous year[28] Cash Flow and Liquidity - Year-to-date operating cash flow from continuing operations totaled $384 million, with net gains on lease portfolio sales of $36 million[2] - Cash and cash equivalents increased to $222.4 million as of September 30, 2024, from $105.7 million at the end of December 2023[20] - Net cash provided by operating activities for continuing operations was $383.5 million, significantly higher than $215.8 million in the prior year[22] - Proceeds from lease portfolio sales amounted to $253.7 million, compared to $245.8 million in the same period last year[22] - The company reported a net cash increase of $97.3 million during the period, contrasting with a decrease of $27.6 million in the previous year[22] - Cash flow from operations with net gains on lease portfolio sales for the nine months ended September 30, 2024, was $419.7 million, compared to $262.2 million for the same period in 2023[36] - Total committed liquidity as of September 30, 2024, was $924 million[9] Operational Efficiency - Lease fleet utilization reached 96.6% and Future Lease Rate Differential (FLRD) was positive at 28.4%[2] - Railcar Leasing and Services segment revenues rose by 11% year-over-year, with operating profit margin improving to 39.8%[11] - Operating profit margin for the Rail Products Group improved to 8.1%, driven by enhanced labor and operational efficiencies[11] - Trinity Industries plans to continue focusing on operational efficiency and strategic investments to drive future growth[24] Orders and Backlog - Delivered 4,360 railcars in the quarter, with a backlog valued at $2.4 billion[1] - New railcar orders totaled 1,810, down from 3,200 in the previous year[11] Equity and Valuation - Total stockholders' equity as of September 30, 2023, was $1,298.5 million, an increase from $1,253.4 million in the previous year[32] - Adjusted Return on Equity for the year ending September 30, 2024, was 16.0%, up from 18.3% in the previous year[32] EBITDA - EBITDA for the three months ended September 30, 2024, was $200.9 million, compared to $177.5 million in the previous year[38] - Adjusted EBITDA for the nine months ended September 30, 2024, was $611.8 million, compared to $488.7 million in the previous year[38] Guidance - Full year EPS guidance raised to a range of $1.70 to $1.80, excluding items outside core operations[3]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |-------------------------------------------------------------------------------|-------------------------------------------| | For the transition period from _________ Commiss ...

Exhibit 99.3 Q2 2024 Investor Presentation August 1, 2024 – based on financial results as of June 30, 2024 Forward Looking Statements Some statements in this presentation, which are not historical facts, are "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements about Trinity's estimates, expectations, beliefs, intentions or strategies for the future, and the assumptions underlying these forward-looking statements, inclu ...

Trinity Industries, Inc. (NYSE:TRN) Q2 2024 Earnings Conference Call August 1, 2024 8:00 AM ET Company Participants Leigh Anne Mann - Vice President, Investor Relations Jean Savage - President and CEO Eric Marchetto - Chief Financial Officer Conference Call Participants Bascome Majors – Susquehanna Steve Barger - KeyBanc Capital Markets Operator Good day. And welcome to the Trinity Industries Second Quarter Ended June 30, 2024 Results Conference Call. All participants will be in a listen-only mode. [Operato ...

Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE Trinity Industries, Inc. Announces Second Quarter 2024 Results Reports quarterly GAAP and adjusted earnings from continuing operations of $0.67 and $0.66 per diluted share, respectively Lease fleet utilization of 96.9% and Future Lease Rate Differential ("FLRD") of positive 28.3% at quarter-end Generates year-to-date operating cash flow of $300 million and net gains on lease portfolio sales of $25 million Delivered 4,755 railcars in the quarter; backlog of $2. ...

Trinity Industries' (TRN) top line is being boosted by the strong performances of its Railcar Leasing and Management Services Group and Rail Products segments. The company's efforts to reward its shareholders through dividends and buybacks are also commendable. Owing to the tailwinds, shares of TRN have performed impressively on the bourse. If you have not taken advantage of its share price appreciation yet, it's time to do so. Let's take a look at the factors that make Trinity stock a strong investment pic ...