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Trinity Industries(TRN) - 2024 Q2 - Quarterly Results
TRNTrinity Industries(TRN)2024-08-01 13:27

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 0.67and0.67 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 300millionandnetgainsonleaseportfoliosalesof300 million and net gains on lease portfolio sales of 25 million Delivered 4,755 railcars in the quarter; backlog of $2. ...