James E. Perry
down and you, resulted include including release, $X.XX. per of Energy certain which share group. did transaction for $X.XX, year's value write $X.XX compares EPS $XXX year-over-year, of held a X% one-time per to In to everyone. This $X.XX third Equipment share EPS This sale and and third charge quarter, diluted good the transaction not million, adjusted in costs of revenues announced morning, for down our assets per of earnings Thank $X.XX in in we quarter core of costs. Eric, last share spin-off any earnings yesterday's book
rate somewhat to of year and sales related Rail Jobs deliveries, and fleet, of which profit third XX.X% line and results of quarter, Group compared to lease were tax the first was lower inefficiencies, our half than changeovers. eliminations. by the in lower The in the the due deliveries XX.X% a margin railcar to to level deliveries to and last third year's quarter, the a due the production Our as Act. Tax in leased railcars, lower our were in quarter third lower of than lower railcar primarily These factors the revenue offset result due year's last Cuts lower higher including
During quarter, the $XX stock. program our share repurchasing repurchase of million third utilize continued by we to
including authorization year. Trinity the both the three quarters post first of the purchases have remaining the our board conducting We cash shareholders, million spin-off return after will and of discuss quarterly program in new million of dividend. of repurchase usage $XXX to share $XXX The
This As Day no the we the updated to spin-off. we X,XXX implies range incorporates the XX,XXX mentioned in operations. expect Investor longer press of rail is deliveries due our and we XXXX financial railcars railcars year. to presentation three X,XXX deliveries for to prior impacts deliveries guidance XX,XXX provide issues in will our weather to to have railcar and we continue only of to that guidance quarter guidance certain XXXX that approximately The customers, ago, congestion release plus on weeks this fourth delay of service
$X.XX deliveries to of we to we approximately for comparator deliveries. EPS of press to first A for figure the post-spin that XX,XXX good as XXXX Trinity corporate provided are There to comparison railcar is release, XX,XXX Trinity. forma we XXXX, $X.XX. expect it Investor provided the financial at relates $X.XX yesterday's some guidance as our In For this in to Day the direction. to pro costs, to year our the this some it but provides of it nuances relates standalone half statement increase
plan offset Year-to-date, investor million feedback in useful spin-off. not fleet, assessing information of of We from we post received same understanding most new of production railcars for $XXX including have and metrics roll in for our to time, detail and this time, by providing secondary to-date. Trinity the level the we purchases, better we've and lines portfolio. our segment leased February. further other net year-end sales have We're with XXXX at At out other from and your lease that will our guidance invested we new a railcars results but are the our new market provide metrics certain appreciated still
in very from them railcars In in [Capital] we $XXX approximately The addition, that ECN built leased month, earlier place, this years. of be acquired portfolio was (XX:XX). we financing financials. efficient. fourth are railcars will transaction the (sic) for have railcars several had reflected financial so million quarter This of managed and already our These for transaction
of pleased for We opportunity this fleet. lease growth have to our owned are
spinoff fleet and railcars available pursue the our growth continue the to for capital. of additional in lease add opportunities We to will with post fleet XXXX
XX-month two this financings. of As to These previously this exercise purchase we intend purchase disclosed, we we assets million of notice intend year $XXX railcars provided in in a quarter. to our that our complete attractive early are leased fourth to off-balance and sheet the option now
and equivalents. this We the expectations of million leased railcars or prior our for market cash the and have leased us $XXX will $XXX to that with with platform the sales plan sales third channel quarter line leave fourth RIV to year million We cash secondary further sold this annual quarter to have in ended in railcars. in our of of
term. investment on was and leverage This of of the our in a cash adding forward to indicated the $XXX intermediate improve will at lease expense we timing balance intend this the on opportunities past, owned Day and As our recent XX%. year. a It normal Investor activity compared this the depend addition to our to reach with in as We reliant cost XX% At will level million XX% quarter, to spinoff. we on The end more capital the the of that Arcosa operate plan of our flows. at interest to our also cash cash the with of fleet than in returns. we'll we wholly lower be will of opportunities. leverage our investment reminder, for time provide leverage available raises lower And the
seeing rail. such of We are focus concentration already opportunities our with on
of future leverage This the provide will We calls. will part Trinity's financial report of that associated in and as include be our periodic operations. updates businesses historical all on investments will earnings continuing final
results in All comprised Railcar Arcosa, be highway within spin-off will product Group, Other our of businesses. financial Rail Management segment, will which Trinity the Following the of and report its Leasing the Group and Services logistics and primarily
in ongoing. To we've financial report for in in will be first some touch our as Our year-end of much you this including moment, of many a know, products been business, litigation detail which still segment on involved highway XX-K. is
we it maintain matters This than Trinity Although performing fully developments of flow. and business are feel more we time, of and positive new highway it as highway this But to litigation prudent was products to is positive this contributor is is closer well business. we we a at we a earnings respect to getting determine many action us, products. have behind cash had to Once most business and that another us, the company. course determined the usual whether existing business for is with will to within behind take public this litigation introduce
full-year operations We months the pro last nine tracking will three only include Arcosa the The discontinued in had XX-K. transaction, as for will years consolidated This XXXX. operations statements to income The Form will X-K reported in file discontinued be in November reported the in $XX with million if Trinity million Trinity's which an spin-off first early its in our at businesses businesses to included the and are the continuing forma be retained past. financials XXXX, of for operations related item. will line XXXX costs $XX still in
continue a utilizing in rail provider our be With capital integrated North to available a will of Trinity Following future. updating platform. in spin-off, our products our now economic our commitment I'll look focus, and CEO, forward to rail and potential over our turn transportation for momentum investing call services remarks. progress the team cash to a his with by Arcosa's our you excited to Antonio, the markets, premier of veteran on with leverage, and America in the we're flows and concentration a about
