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Trinity Industries Bottom Line Declines In Q1

Trinity Industries (TRN) revealed a profit for first quarter that declined from last year.

The company's earnings came in at $40.2 million, or $0.26 per share. This compares with $46.0 million, or $0.30 per share, in last year's first quarter.

Analysts had expected the company to earn $0.26 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 5.2% to $831.3 million from $877.3 million last year.

Trinity Industries earnings at a glance:

-Earnings (Q1): $40.2 Mln. vs. $46.0 Mln. last year.
-EPS (Q1): $0.26 vs. $0.30 last year.
-Analysts Estimate: $0.26
-Revenue (Q1): $831.3 Mln vs. $877.3 Mln last year.

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