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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 $0.67 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. ...