Trinity Industries(TRN) - 2021 Q1 - Earnings Call Presentation

Financial Performance - Q1 2021 revenue was $399 million, a decrease of 35% year-over-year[7] - Q1 2021 cash flow from continuing operations was $70 million, a decrease of 60% year-over-year[8] - Adjusted EPS for Q1 2021 was $0.07, a decrease of 36% year-over-year[9] - Free cash flow for Q1 2021 was $90 million, an increase of 57% year-over-year[9] Market and Operations - Rail traffic is continuing to improve[14] - Railcars are coming out of storage[14] - Rail Products segment revenue declined year-over-year due to 49% fewer railcar deliveries in Q1[17] Strategic Initiatives and Capital Structure - Net debt increased by $148 million[22] - LTV (Loan-to-Value) increased to 60.9%[22] - The company has solid liquidity of $772 million[31]