Home Why Trinity Industries Inc Shares Crashed
 

Keywords :   


Why Trinity Industries Inc Shares Crashed

2016-02-20 18:15:32| Railroads - Topix.net

What: Shares of railcar manufacturer Trinity Industries Inc were down 21.6% at 10:55 a.m. ET on Friday after its quarterly results and outlook disappointed Wall Street. So what: Trinity's Q4 EPS of $1.30 managed to beat estimates, but a wide miss on the top line -- revenue of $1.55 billion vs. the consensus of $1.61 billion -- coupled with downbeat full-year guidance is forcing analysts to drastically lower their growth expectations.

Tags: industries shares trinity crashed

Category:Transportation and Logistics

Latest from this category

All news

24.11Eastern North Pacific Tropical Weather Outlook
24.11Atlantic Tropical Weather Outlook
24.11Atlantic Tropical Weather Outlook
24.11Eastern North Pacific Tropical Weather Outlook
23.11Atlantic Tropical Weather Outlook
23.11Eastern North Pacific Tropical Weather Outlook
23.11Eastern North Pacific Tropical Weather Outlook
23.11Atlantic Tropical Weather Outlook
Transportation and Logistics »
24.11
24.113DSLL
24.11
24.11
24.11
24.11logicool flight switch panel
24.11Z
24.11 126
More »