Trinity Industries sees railcar sale adding 11c-13c to Q4 EPS In announcing its deal with Element Financial, Trinity said it expects the first $100M sale of existing leased railcars to close on or before December 31, with the company expecting the sale to add 11c-13c per share to Q4 earnings. The profit from this sale was not included in the most recent earnings guidance provided on the company’s Q3 conference call. Trinity has not provided earnings guidance for FY14, however the company expects to generate 90c-$1.10 per share on the sale of the $400M portfolio of existing leased railcar assets expected to close during Q1. These EPS estimates include both the book gain recorded on the sale as well as profit that was previously deferred when the railcars were initially manufactured and placed into the TILC lease fleet. Any additional impacts on Trinity’s financial results will be discussed on its Q4 earnings conference call.