(TRN:NYSE) On Thursday July 22, 2021 Trinity Industries (TRN) posted worse-than-expected revenues of $371.3mm missing the consensus estimate of $437mm (-15%) and in the same direction as Advan's forecasted sales. The revenue was -27% YoY - Advan's foot traffic data captured a decrease in traffic of -9% YoY at Trinity's factories. Advan's footfall data has a correlation of 0.9 on a YoY basis with TRN's top-line revenue over the last 10 quarters.
