Trinity Industries Inc. (TRN) reported third-quarter net income of $23.2 million or $0.29 per share compared to $89.6 million or $1.09 per share last year.
On average, 6 analysts polled by Thomson Reuters expected the company to report profit of $0.24 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues were $557.4 million compared to $1.16 billion last year. Analysts expected revenue of $558.65 million for the quarter.
The company estimates earnings per share in the range of $0.08-$0.13 for the fourth quarter of 2009.
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