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Trinity Industries Q3 adjusted earnings Beat Estimates

Trinity Industries (TRN) reported a profit for its third quarter that advanced from last year.

The company's profit came in at $32.0M, or $0.33 per share. This compares with $25.1M, or $0.21 per share, in last year's third quarter.

Excluding items, Trinity Industries reported adjusted earnings of $28.6 million or $0.29 per share for the period.

Analysts had expected the company to earn $0.18 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.6% to $503.5M from $459.4M last year.

Trinity Industries earnings at a glance:

-Earnings (Q3): $28.6 Mln. vs. $20.1 Mln. last year.
-EPS (Q3): $0.29 vs. $0.17 last year.
-Analysts Estimate: $0.18
-Revenue (Q3): $503.5M vs. $459.4M last year.

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