NYSE:TRNMachinery
Trinity Industries (TRN): Revisiting Valuation After Strong Q3 Earnings and Upbeat Guidance
Trinity Industries (TRN) just raised its full-year earnings guidance after third quarter results beat Wall Street’s expectations on profit. The company’s lease fleet utilization stayed strong, and management cited success in the secondary railcar market.
See our latest analysis for Trinity Industries.
Shares of Trinity Industries have seen a turbulent stretch lately, sliding nearly 22% year-to-date despite a recent rebound, with shares up more than 11% in the last 90 days following upbeat...