Trinity industries reports q3 earnings per share of $0.39 from continuing operations

Trinity industries, inc. announces strong improvement in third quarter 2019 results.q3 earnings per share $0.39 from continuing operations.q3 revenue $813.6 million versus refinitiv ibes estimate of $809.7 million.q3 earnings per share estimate $0.35 -- refinitiv ibes data.narrows 2019 earnings guidance range.in q4, anticipates recognizing a restructuring charge of approximately $10 million to $20 million.for full year 2019, company has narrowed its annual guidance range to between $1.17 and $1.27 per common diluted share.demand continued at lower levels during q3 due to economic uncertainty associated with industrial production and global trade.on september 4, 2019, board of directors approved termination of trinity industries, inc. consolidated pension plan.change in fy guidance primarily reflects fewer railcar deliveries expected in 2019.pension plan is currently fully funded and is expected to be settled between late 2020 and early 2021.narrowed annual earnings per share guidance range to between $1.17 and $1.27 per common diluted share.railcar deliveries for 2019 are now expected to be between 21,500 and 22,000 railcars.trinity industries - team has shifted portion of new railcar production from 2019 into h1 2020.leasing group now expects a net lease fleet investment of between $850 million and $950 million in 2019.pension plan participants will have choice of receiving a single lump sum payment or an annuity.
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