Trinity Industries Q3 revenue rises on higher railcar deliveries

Trinity Industries

29/10/2026 11:07

Overview
North America railcar maker's Q3 revenue rose 18% yr/yr to $535 mln
Q3 adjusted EPS fell to $0.27 from $0.38 a year earlier
Company acquired Rubber Lining Specialists to expand rail services

Outlook
Trinity sees 2026 EPS of $2.20 to $2.40, excluding items outside core operations
Company expects 2026 net fleet investment of $300 mln to $350 mln
Trinity forecasts 2026 operating and administrative capital expenditures of $55 mln to $65 mln

Result Drivers
HIGHER DELIVERIES - Co said increased railcar deliveries, including sustainable railcar conversions, contributed to revenue growth
LEASE PLATFORM PERFORMANCE - Co cited strong lease fleet utilization at 97% and improved renewal rates as supporting results
GAIN ON FACILITY SALE - Co said segment margin in Rail Products improved, excluding the gain on sale of a manufacturing facility

Company press release: ID:nBwc5z77Xa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$535.10 mln
$498.36 mln (2 Analysts)
Q3 EPS
 
$0.27
 
Q3 EBITDA
 
$168.60 mln
 
Q3 Operating Income
 
$95.60 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the heavy machinery & vehicles peer group is "buy."
Wall Street's median 12-month price target for Trinity Industries Inc is $31.00, about 21.3% above its October 28 closing price of $25.56
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 15 three months ago

Reuters Recommended Reads
Oct 27 - Truck maker Paccar Q3 revenue beats on parts, financial services growth
Oct 28 - Specialized equipment maker Terex Q3 sales beat on  higher shipment volumes
Oct 27 - Illinois Tool Works Inc beats Q3 EPS estimates, raises 2026 outlook

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)