Trinity Industries (TRN) revealed earnings for second quarter that decreased from the same period last year and missed the Street estimates.
The company's earnings came in at $3.7 million, or $0.04 per share. This compares with $12.7M, or $0.12 per share, in last year's second quarter.
Analysts on average had expected the company to earn $0.15 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 42.1% to $416.8M from $293.3M last year.
Trinity Industries earnings at a glance (GAAP) :
-Earnings (Q2): $3.7 Mln. vs. $12.7M. last year.
-EPS (Q2): $0.04 vs. $0.12 last year.
-Analyst Estimates: $0.15
-Revenue (Q2): $416.8M vs. $293.3M last year.
-Guidance:
Full year EPS guidance: $0.90 to $1.10
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