Published on 2 May 2024 on Zacks via Yahoo Finance
Shares of Trinity Industries, Inc. (TRN) surged 13.57% on May 1, closing the trading session at $29.55. The upside was owing to the better-than-expected first-quarter 2024 earnings performance and bullish full-year 2024 earnings guidance.
Notably, quarterly earnings of 33 cents per share outpaced the Zacks Consensus Estimate of 26 cents and improved more than 100% year over year.