Trinity Industries Q3 earnings: First Look

Capt. John

Third-quarter revenue declined but operating profit improved for railcar builder Trinity Industries.

Revenues were $799 million for the third quarter ended Sept. 30, down from $821 million in the year-ago quarter. 

The Dallas-based company (NYSE: TRN) said in an earnings release that lower deliveries of 4,360 railcars was partially offset by favorable pricing and more outside repair work.

Trinity took in orders for 1,810 new railcars.

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