How often does Trinity Industries move more than the options market prices?

3 of the last 8 reports moved at least as far as the implied move.

TRNNYSERailroad Equipment

Trinity Industries Inc (TRN) earnings date, market-implied expected move, and options open interest by expiry

30.78

+0.91 · +3.04%

Regular session10:52 ET

Open30.64Volume1.0MMkt cap$2.3BP/E7.58EPS4.06Div yield4.15%

Day30.49 – 30.78100%52-wk23.77 – 37.8550%

TRN

Trinity Industries Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Feb 11

before open · in 99 days

est.Q4 FY26

Calendar

Next report

Last report

+10.80%

vs ±8.1% implied · ×1.34

shaded = implied · ▲▼ = realized

Oct 29 '26 · confirmedthin chain

Implied vs realized

Largest filed tie

—

13F top-10 QoQ

+6.34%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

341 managers

Top fund weight

0.09%

TRN weight · IWM

N-PORTJun 30 '26

4 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Trinity Industries (TRN) is expected to report on Feb 11 before open (estimated date).

Implied vs realized

8 reports

3 of 8≥ implied

avg implied: ±6.7%
avg realized: ±6.6%

Feb 20 '25Feb 20 '25confirmed±5.4%▼−8.33%×1.54

May 1 '25May 1 '25confirmed±5.0%▼−2.87%×0.57

Jul 31 '25Jul 31 '25confirmed±6.8%▼−6.73%×0.99

Oct 30 '25Oct 30 '25confirmed±6.5%▼−2.80%×0.43

Feb 12 '26Feb 12 '26confirmed±5.4%▲+9.15%×1.70

Q1 FY26Apr 30 '26confirmed±7.6%▲+6.01%×0.80

Q2 FY26Jul 30 '26confirmed±8.8%▼−6.49%×0.74

Q3 FY26Oct 29 '26confirmed±8.1%thin chain▲+10.80%×1.34

quarterimplied−15%0+15%realized×

Q3 FY26±8.1%▲+10.80%×1.34

Q2 FY26±8.8%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 4 expiries · Oct 28 close

3.72OI · 4 expiries · Oct 28 closeP/C open interest · Apr 16 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

115+22%Nov 2016d0.60192+170%0.60

78—Dec 1844d13.006—13.00

7770%Jan 1572d1.72451+45%1.72

report · Feb 11 · before open · est.

472+135%Apr 16163d127+154%

ExpiryPutsCallsP/C

Nov 2016d115+22%192+170%0.60

Dec 1844d78—6—13.00

Jan 1572d7770%451+45%1.72

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ3 FY26

3.27%as filednet margin · revenue +10.31% QoQ · +17.84% YoY

Revenue

$535M+10.31% QoQ

Gross profit

$127M+15.38% QoQ

23.70% margin

Operating income

$96M−52.15% QoQ

17.87% margin

Pre-tax income

$30M−77.39% QoQ

Net income

$18M−82.20% QoQ

3.27% margin

Cost of revenue

$408M+8.82% QoQ

Operating expenses

$31M+134.71% QoQ

Other expense

$65M

Tax

$9M−72.33% QoQ

Revenue$535M+10.31%

Gross profit

$127M+15.38%

23.70% margin

Operating income

$96M−52.15%

17.87% margin

Pre-tax income

$30M−77.39%

Net income

$18M−82.20%

3.27% margin

Cost of revenue

$408M+8.82%

Operating expenses

$31M+134.71%

Other expense

$65M

Tax$9M−72.33%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Sep 30 '26 · width = $

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 10:45 ET

Intraday

Event sensitivity

FOMC ×1.32· ±2.0% vs ±1.6% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±2.0%11 of 24×1.32

PCEpersonal income & outlays±1.9%10 of 19×1.22

GDPgross domestic product±1.8%10 of 19×1.15

NFPjobs report±1.7%5 of 10×1.11

CPROFcorporate profits±1.5%6 of 12×0.99

CPIconsumer prices±0.9%5 of 10×0.56

PPIproducer prices±0.8%6 of 10×0.54

Bar = avg |move| to ±3% · tick = ±1.6% avg day · ×base = |move| ÷ ±1.6% · min 6 releases

Earnings history

EPS 0.22 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 29 '26 · confirmed	0.22	—
Q2 FY26	Jul 30 '26 · confirmed	1.20	—
Q1 FY26	Apr 30 '26 · confirmed	0.30	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod