Trinity Industries saw revenue and profit fall in the fourth quarter on fewer deliveries of new railcars and said U.S. tariffs are expected to cut industry deliveries by 20% in 2025.
For the three months ending Dec. 31, Dallas-based Trinity (NYSE: TRN) on Thursday reported revenue of $629 million, down from $798 million year over year, and operating profit of $112 million, off from $149 million.
Pretax earnings fell to $191 million from $225 million. Diluted earnings per share totaled 39 cents...
https://www.freightwaves.com/news/trinity-q4-results-fall-on-lower-railcar-deliveries