Tag Archives: trinity

Trinity (TRN) Smashes EPS Estimates, Up After Hours

Trinity Industries (TRN) who has a wind tower business that generates about 10% of revenues reported strong results after the bell today, posting earnings of 1.06/share which smashed estimates of .83/share.  Revenues came in below estimates at 945.5 million (about 20 million below) but shares are up after hours anyway on that EPS number.

From Reuters:

Last Sunday, Barrons said TRN could hit $48/share on demand for wind generated electricity. 

Trinity’s wind-energy backlog ballooned … Read the rest