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Trinity Industries Inc (TRN.N)

TRN.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Trinity Industries Inc Announces Accelerated Share Repurchase Program And Updates 2019 Earnings Guidance
Friday, 16 Nov 2018 

Nov 16 (Reuters) - Trinity Industries Inc ::TRINITY INDUSTRIES, INC. ANNOUNCES ACCELERATED SHARE REPURCHASE PROGRAM AND UPDATES 2019 EARNINGS GUIDANCE.SEES FY 2019 EARNINGS PER SHARE $1.15 TO $1.35.UPDATES 2019 EARNINGS GUIDANCE.TO REPURCHASE $350 MILLION OF ITS COMMON STOCK..NOW EXPECTS 2019 RAILCAR DELIVERIES OF 23,500 TO 25,500.ACCELERATED SHARE REPURCHASE PROGRAM WILL COMPLETE CURRENT SHARE REPURCHASE AUTHORIZATION.ASR PROGRAM IS EXPECTED TO COMMENCE ON MONDAY, NOVEMBER 19, 2018..TRINITY INDUSTRIES - TO FUND ACCELERATED SHARE BUYBACK WITH PROCEEDS FROM INCREASE IN BORROWING UNDER TERM LOAN AGREEMENT OF TRINITY RAIL LEASING 2017.FY2019 EARNINGS PER SHARE VIEW $1.10 -- THOMSON REUTERS I/B/E/S.  Full Article

Trinity Industries Enters Into Amended And Restated Credit Agreement
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Trinity Industries Inc ::TRINITY INDUSTRIES INC - ENTERED INTO AN AMENDED AND RESTATED CREDIT AGREEMENT - SEC FILING.TRINITY INDUSTRIES INC - CREDIT AGREEMENT REPLACES TRINITY'S EXISTING CREDIT AGREEMENT, DATED AS OF MAY 20, 2015.TRINITY INDUSTRIES INC - CREDIT AGREEMENT PROVIDES FOR A $450.0 MILLION UNSECURED REVOLVING LINE OF CREDIT WITH A MATURITY DATE OF NOVEMBER 1, 2023.  Full Article

Trinity Industries, Inc. Announces completion of spin-off of Arcosa, Inc. and resizing of corporate credit facility
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Trinity Industries Inc ::TRINITY INDUSTRIES, INC. ANNOUNCES COMPLETION OF SPIN-OFF OF ARCOSA, INC. AND RESIZING OF CORPORATE CREDIT FACILITY.TRINITY INDUSTRIES INC - ANNOUNCED THAT RESIZED AND EXTENDED ITS UNSECURED CORPORATE REVOLVING CREDIT FACILITY THROUGH NOVEMBER 2023.TRINITY INDUSTRIES INC - FACILITY COMMITMENT WAS DECREASED FROM $600 MILLION TO $450 MILLION.  Full Article

Trinity Industries Inc Announces Q3 2018 Results
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Trinity Industries Inc ::TRINITY INDUSTRIES, INC. ANNOUNCES THIRD QUARTER 2018 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.39 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $0.19.Q3 REVENUE $930.9 MILLION VERSUS I/B/E/S VIEW $968.2 MILLION.Q3 EARNINGS PER SHARE VIEW $0.41 -- THOMSON REUTERS I/B/E/S.TRINITY- FOR FY 2019 CURRENTLY ANTICIPATES EARNINGS FOR TRINITY INDUSTRIES, POST SPIN-OFF OF ARCOSA, OF BETWEEN $0.90 AND $1.10 PER COMMON DILUTED SHARE.FOR FULL YEAR 2018, RAIL GROUP EXPECTS DELIVERIES OF BETWEEN 20,000 AND 21,000 RAILCARS.TRINITY INDUSTRIES - HAS WITHDRAWN FY 2018 EPS GUIDANCE AS IT IS NO LONGER RELEVANT SINCE IT INCLUDES FY ANTICIPATED EARNINGS EXPECTATIONS FOR ARCOSA.TRINITY INDUSTRIES - FY 2018 SEGMENT GUIDANCE HAS BEEN WITHDRAWN AS BUSINESSES COMPRISING TRINITY'S CURRENT REPORTING SEGMENTS WILL CHANGE POST SPIN.RAIL GROUP EXPECTS FY 2019 DELIVERIES OF BETWEEN ABOUT 22,500 AND 24,000 RAILCARS.  Full Article

Trinity Industries Inc Announces Third Quarter 2018 Highlights In Anticipation Of Investor Day
Thursday, 4 Oct 2018 

Oct 4 (Reuters) - Trinity Industries Inc ::TRINITY INDUSTRIES, INC. ANNOUNCES THIRD QUARTER 2018 HIGHLIGHTS IN ANTICIPATION OF INVESTOR DAY.TRINITY INDUSTRIES INC - EXPECTS RAILCAR DELIVERIES OF 20,500 - 21,000 AND ANTICIPATES 2019 DELIVERIES TO INCREASE APPROXIMATELY 10 TO 15%.TRINITY INDUSTRIES INC - RAILCAR LEASE FLEET UTILIZATION IMPROVES FROM 97.1% AT END OF Q2 TO APPROXIMATELY 97.6% AT END OF Q3.TRINITY INDUSTRIES INC - EXPECTS TO COMPLETE SPIN-OFF OF ARCOSA, INC. TO TRINITY SHAREHOLDERS ON NOVEMBER 1, 2018.TRINITY INDUSTRIES - FY 2018 SEGMENT GUIDANCE IS ALSO WITHDRAWN AS BUSINESSES COMPRISING TRINITY'S CURRENT REPORTING SEGMENTS WILL CHANGE POST SPIN.TRINITY INDUSTRIES INC - COMPANY IS WITHDRAWING ITS FULL YEAR 2018 EARNINGS PER SHARE GUIDANCE.TRINITY INDUSTRIES- EXPECTS TO INCUR ESTIMATED PRE-TAX CHARGE OF BETWEEN ABOUT $0.13 TO $0.18 PER SHARE FULLY DILUTED ON AFTER-TAX BASIS, DURING Q3.  Full Article

Trinity Industries Q2 Adjusted Earnings Per Share $0.48 Excluding Items
Wednesday, 25 Jul 2018 

Trinity Industries Inc ::TRINITY INDUSTRIES, INC. ANNOUNCES SECOND QUARTER 2018 RESULTS.SEES FY 2018 EARNINGS PER SHARE $1.15 TO $1.40.Q2 ADJUSTED EARNINGS PER SHARE $0.48 EXCLUDING ITEMS.Q2 EARNINGS PER SHARE $0.43.Q2 REVENUE $942.3 MILLION VERSUS I/B/E/S VIEW $983.7 MILLION.SEES FY 2018 EARNINGS PER SHARE $1.45 TO $1.65 EXCLUDING ITEMS.Q2 EARNINGS PER SHARE VIEW $0.37 -- THOMSON REUTERS I/B/E/S.  Full Article

Trinity Industries Says Units Entered Amended Warehouse Loan Agreement
Monday, 19 Mar 2018 

March 19 (Reuters) - Trinity Industries Inc ::TRINITY INDUSTRIES - ON MARCH 15, CO, UNITS ENTERED AMENDED WAREHOUSE LOAN AGREEMENT TO EXTEND AVAILABILITY OF FACILITY THROUGH MARCH 15, 2021.TRINITY INDUSTRIES - RESTATEMENT ALSO DECREASES MAXIMUM AVAILABILITY UNDER FACILITY FROM $1.0 BILLION TO $750 MILLION - SEC FILING.  Full Article

Trinity Announces CFOs
Friday, 16 Feb 2018 

Feb 16 (Reuters) - Trinity Industries Inc ::TRINITY INDUSTRIES, INC. ANNOUNCES CHIEF FINANCIAL OFFICERS FOR NEW INFRASTRUCTURE COMPANY AND FOR TRINITY INDUSTRIES, INC..TRINITY INDUSTRIES INC - ‍JAMES E. PERRY, CFO OF CO, WILL REMAIN IN HIS CURRENT ROLE WITH TRINITY FOLLOWING COMPLETION OF PLANNED SPIN-OFF ​.TRINITY INDUSTRIES INC - SCOTT BEASLEY HAS ACCEPTED A ROLE AS FUTURE CFO OF NEW INFRASTRUCTURE CO UPON COMPLETION OF SPIN-OFF.  Full Article

Trinity Industries To Spin-Off Company's Infrastructure-Related Businesses
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Trinity Industries Inc ::TRINITY INDUSTRIES, INC. ANNOUNCES INTENTION TO SPIN-OFF COMPANY’S INFRASTRUCTURE-RELATED BUSINESSES.TRINITY INDUSTRIES INC - INCREASE IN SHARE REPURCHASE AUTHORIZATION FROM $250 MILLION TO $500 MILLION OVER TWO YEARS.TRINITY INDUSTRIES INC - ANNOUNCES QUARTERLY DIVIDEND OF 13 CENTS PER SHARE.TRINITY INDUSTRIES - SEPARATION PLANNED AS TAX-FREE SPIN-OFF DEAL TO CO'S SHAREHOLDERS.TRINITY INDUSTRIES - NEW $500 MILLION PROGRAM WILL BE EFFECTIVE JANUARY 1, 2018 THROUGH DECEMBER 31, 2019.TRINITY INDUSTRIES - CO'S PORTFOLIO OF BUSINESSES TO BE COMPRISED PRIMARILY OF RAIL-RELATED BUSINESSES, MARKETED AS TRINITYRAI.TRINITY INDUSTRIES - NEW CO TO BE FOCUSED ON INFRASTRUCTURE-RELATED PRODUCTS AND SERVICES.  Full Article

Trinity Industries reports Q3 earnings per share of $0.43
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Trinity Industries Inc : :Trinity Industries, Inc. Announces third quarter 2017 results.Sees FY 2018 earnings per share $0.90 to $1.25.Sees Q4 2017 earnings per share $0.35 to $0.45.Q3 earnings per share $0.43.Q3 revenue $973.6 million versus i/b/e/s view $957.4 million.Sees FY 2017 earnings per share $1.41 to $1.51.Q3 earnings per share view $0.31 -- Thomson Reuters I/B/E/S.Trinity Industries -rail group expects fy 2018 deliveries of about 20,000 railcars, of which about 65% was in backlog at Q3 end.  Full Article