Trinity Industries Reports Retreat In Q3 Bottom Line

(RTTNews) - Trinity Industries (TRN) reported earnings for third quarter that dropped from the same period last year.

The company's bottom line totaled $27.7 million, or $0.19 per share. This compares with $66.9 million, or $0.43 per share, in last year's third quarter.

Analysts had expected the company to earn $0.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 4.4% to $930.9 million from $973.6 million last year.

Trinity Industries earnings at a glance:

-Earnings (Q3): $27.7 Mln. vs. $66.9 Mln. last year. -EPS (Q3): $0.19 vs. $0.43 last year. -Analysts Estimate: $0.41 -Revenue (Q3): $930.9 Mln vs. $973.6 Mln last year.