Trinity Industries Q1 Profit Down

(RTTNews) - Trinity Industries, Inc. (TRN) Thursday reported first-quarter net income of $180.2 million or $1.13 per share, down from $226.4 million or $1.42 per share last year.

Revenues for the quarter rose to $1.63 billion from $1.46 billion last year.

Analysts polled by Thomson Reuters expected the company to earn $0.96 per share on revenues of $1.58 billion for the quarter.

For the full year of 2015, the company anticipates earnings of between $4.10 and $4.45 per share, compared to its previous guidance of $4.00 to $4.40 per share. Analysts currently estimate earnings of $4.30 per share for the year.

The company expects the level of quarterly earnings per share during the remainder of 2015 to be relatively consistent.