Trinity Industries Profit Surges, Outlook Strong; Stock Up 5% - Quick Facts

(RTTNews) - Railcar maker Trinity Industries Inc. (TRN) Wednesday reported fourth-quarter net income to stockholders of $112.8 million or $1.44 per share, compared with $71.3 million or $0.90 per share last year.

Revenues for the quarter climbed 24% to $1.26 billion from $1.0 billion in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $1.41 per share on revenues of $1.22 billion for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to the first quarter, the company expects earnings of between $2.45 and $2.65 per share, which includes $1.00 to $1.10 per share of profit from railcar sales already closed during 2014 under the company's program agreement with Element Financial. Analysts expect earnings of $2.05 per share.

For fiscal 2014, the company expects earnings of between $6.30 and $7.00 per share, while analysts project $6.02 per share.