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Published on 17 Jun 2022 on Zacks via Yahoo Finance

Trinity (TRN) Solid Liquidity Aids Amid Supply Chain Disruptions

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Trinity Industries, Inc. TRN currently benefits from strong liquidity and increased demand for railcars. Meanwhile, supply chain disruptions and labor shortages are denting Trinity’s operations.

Trinity’s first-quarter 2022 adjusted earnings of 3 cents per share missed the Zacks Consensus Estimate of 16 cents. Results were hurt by supply chain disruptions and labor shortages. Total revenues of $473 million also lagged the Zacks Consensus Estimate of $603 million.

How is Trinity Faring?

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