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News Focus
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Knowledge is King

07/01/21 10:18 AM

#88491 RE: michael t #88489

Another positive in the FRD($13.44) story is their relationship with Trinity Industries (TRN)...

According to the last 10-K, During the fiscal years ended March 31, 2020 and 2019, sales of coil products to Trinity Industries, Inc. accounted for approximately 18% and 21% of the Company’s total sales, respectively.

Analysts' 2022 estimates for TRN suggest very impressive growth, with revenues forecast up 34% and EPS up over 100%.
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2morrowsGains

07/01/21 10:41 AM

#88493 RE: michael t #88489

FRD...Nice news for the start of their Q2 FY2022 quarter, especially since we know Q1 will/should be better than Q4 FY2021.
Could get some very positive forward looking statements in Friedman's earning PR in a couple weeks, along with strong #'s.