Trinity Industries Q3 Profit Up - Quick Facts

(RTTNews) - Trinity Industries Inc. (TRN) Wednesday reported third-quarter profit of $99.6 million or $1.26 per share, up from $63.2 million or $0.80 per share in the same period last year.

On average, 11 analysts polled by Thomson Reuters expected the company to earn $1.17 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 22 percent to $1.1 billion from $907.3 million last year. Analysts expected revenues of $1.15 billion.

Looking ahead, the company has forecast fourth quarter earnings in a range of $1.24 to $1.34 per share. Analysts currently expect fourth-quarter earnings of $1.18 per share.

For the fiscal 2013, the company has raised its earnings guidance to a range of $4.55 to $4.65 per share, up from its prior guidance range of $4.20 to $4.40 per share. Analysts currently expect full-year earnings of $4.32 per share.