- Trinity press release ( NYSE: TRN ): Q2 Non-GAAP EPS of $0.14 misses by $0.03 .
- Revenue of $417M (+12.2% Y/Y) misses by $169.57M .
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2022 Guidance
- Industry deliveries of 40,000 to 50,000 railcars
- Net investment in the lease fleet of $425 million to $475 million, down from $450 million to $550 million
- Manufacturing capital expenditures of $35 million to $45 million
- EPS of $0.90 to $1.10 vs consensus of $0.99, up from $0.85 to $1.05
- Excludes gains on insurance recoveries and other items outside of our core business operations
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Trinity Non-GAAP EPS of $0.14 misses by $0.03, revenue of $417M misses by $169.57M,raises FY22 earning guidance