Trinity Industries Q2 Profit Beats Estimates; Raises 2015 Earnings Guidance

(RTTNews) - Trinity Industries, Inc. (TRN) reported second-quarter net income attributable to stockholders of $212.0 million, or $1.33 per share compared to $164.2 million, or $1.01 per share, last year.

On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $1.09 for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 13% to a record $1.68 billion compared to $1.49 billion for the same quarter of 2014. Analysts expected revenue of $1.74 billion for the quarter.

For the full year of 2015, the company anticipates earnings per share of between $4.45 and $4.75 compared to its previous 2015 earnings guidance of $4.10 to $4.45 per share. Analysts expect the company to report earnings per share of $4.43.