Trinity Industries Beats Estimates on Top and Bottom Lines
Trinity Industries (NYS: TRN) reported earnings on Feb. 15. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Trinity Industries beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly, and GAAP earnings per share improved significantly.
Gross margins dropped, operating margins dropped, and net margins expanded.
Trinity Industries reported revenue of $941.5 million. The five analysts polled by S&P Capital IQ predicted a top line of $854.4 million on the same basis. GAAP reported sales were 49% higher than the prior-year quarter's $618.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at $0.44. The eight earnings estimates compiled by S&P Capital IQ predicted $0.42 per share on the same basis. GAAP EPS of $0.70 for Q4 were 218% higher than the prior-year quarter's $0.22 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 16.8%, 110 basis points worse than the prior-year quarter. Operating margin was 10.5%, 110 basis points worse than the prior-year quarter. Net margin was 6.1%, 330 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $908.2 million. On the bottom line, the average EPS estimate is $0.49.
Next year's average estimate for revenue is $3.65 billion. The average EPS estimate is $2.53.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,019 members rating the stock outperform and 31 members rating it underperform. Among 296 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 295 give Trinity Industries a green thumbs-up, and one gives it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Trinity Industries is outperform, with an average price target of $36.57.
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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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