Trinity Industries Earnings: Here’s Why Investors Like These Results

Trinity Industries Inc. (NYSE:TRN) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are up 1.28%.

Trinity Industries Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 60.71% to $0.9 in the quarter versus EPS of $0.56 in the year-earlier quarter.

Revenue: Rose 9.57% to $1.01 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Trinity Industries Inc. reported adjusted EPS income of $0.9 per share. By that measure, the company beat the mean analyst estimate of $0.84. It missed the average revenue estimate of $1.03 billion.

Quoting Management: “I am pleased with our strong financial results for the fourth quarter and our overall performance during 2012,” said Timothy R. Wallace, Trinity’s Chairman, CEO and President. “We have worked diligently over the past decade to position our company to perform well through a variety of economic conditions. Trinity’s competency in manufacturing flexibility provides us the ability to redirect a portion of our manufacturing resources towards select areas that have strong demand levels for our products. In 2012, we achieved significant growth in consolidated revenues and earnings despite continuing uncertainty within some areas of the economy.”

Key Stats (on next page)…