Trinity Industries(TRN) - 2024 Q1 - Quarterly Results
TRNTrinity Industries(TRN)2024-05-01 21:27

Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE Trinity Industries, Inc. Announces First Quarter 2024 Results Reports both quarterly GAAP and adjusted earnings from continuing operations of 0.33perdilutedshareLeasefleetutilizationof97.50.33 per diluted share Lease fleet utilization of 97.5% and Future Lease Rate Differential ("FLRD") of positive 34.7% at quarter-end Generates operating and adjusted free cash flow of 57 million and 12million,respectivelyDelivered4,695railcarsinthequarter;backlogof12 million, respectively Delivered 4,695 railcars in the quarter; backlog of 2.9 billion at quarter-end DALLAS, Texas – ...