Actionable news
0
All posts from Actionable news
Actionable news in TRN: TRINITY INDUSTRIES Inc,

Trinity's Q2: Demise Continues

Summary

Trinity reports Q2 earnings after-hours.

Analysts expect revenue to fall 24% Q/Q, mirroring Q1's revenue decline.

Greenbrier reported a 68% decline in railcar orders and I expect Trinity's orders to free fall also.

The loss of scale could hurt TRN's operating profit margins and cause earnings to fall faster than revenue.

TRN's demise will continue this quarter. Avoid the stock.

Trinity Industries (NYSE:TRN) reports Q2 earnings after-hours. Analysts expect revenue of $1.18 billion and eps of $0.48. The estimate implies a 24% sequential...


More