Investing.com - Trinity reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Trinity announced earnings per share of $0.06 on revenue of $25.59M. Analysts polled by Investing.com anticipated EPS of $0.07 on revenue of $25M.
Trinity shares are down 13.65% from the beginning of the year, still down 51.62% from its 52 week high of $6.80 set on February 10. They are under-performing the Nasdaq which is up 5.94% from the start of the year.
Trinity shares lost 11.08% in intra-day trade following the report.
Trinity follows other major Healthcare sector earnings this month
Trinity's report follows an earnings beat by Pfizer on May 4, who reported EPS of $0.93 on revenue of $14.58B, compared to forecasts EPS of $0.7759 on revenue of $13.65B.
AbbVie had beat expectations on April 30 with first quarter EPS of $2.95 on revenue of $13.01B, compared to forecast for EPS of $2.81 on revenue of $12.77B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar