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Trinity Industries: 4Q Earnings Snapshot

Associated Press
Updated ·1-min read

DALLAS (AP) _ Trinity Industries Inc. (TRN) on Wednesday reported fourth-quarter earnings of $21.6 million.

The Dallas-based company said it had profit of 17 cents per share. Earnings, adjusted for restructuring costs and pretax expenses, were 35 cents per share.

The industrial manufacturer posted revenue of $850.7 million in the period.

For the year, the company reported profit of $137.6 million, or $1.07 per share. Revenue was reported as $3.01 billion.

Trinity Industries expects full-year earnings to be $1.15 to $1.35 per share, with revenue in the range of $2.5 billion to $2.7 billion.

Trinity Industries shares have fallen slightly since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $22.07, a drop of 14% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRN at https://www.zacks.com/ap/TRN