Trinity Industries, Inc. Announces Third Quarter 2020 Results
DALLAS–(BUSINESS WIRE)–Trinity Industries, Inc. (NYSE:TRN) today announced earnings results for the third quarter ended September 30, 2020.
Financial and Operational Highlights — Third Quarter 2020
- Quarterly total company revenues of $459 million
- Quarterly income from continuing operations per common diluted share (“EPS”) of $0.21 and quarterly adjusted EPS of $0.17, which excludes the following:
- Restructuring activities totaling $0.03 per common diluted share
- Additional income tax benefit of $0.07 per common diluted share related to carryback claims as permitted under recent tax legislation
- Both year-to-date cash flow from operations and free cash flow before leasing investment were $457 million,…