Investing.com - Trinity reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Trinity announced earnings per share of $0.359 on revenue of $32.8M. Analysts polled by Investing.com anticipated EPS of $0.14 on revenue of $28M.
Trinity shares are down 2.89% from the beginning of the year and are trading at $3.700 , down-from-52-week-high.They are under-performing the Nasdaq which is up 0.62% from the start of the year.
Trinity shares lost 10.84% in intra-day trade following the report.
Trinity follows other major Healthcare sector earnings this month
Trinity's report follows an earnings beat by Bayer AG PK on Thursday, February 25, 2021, who reported EPS of $0.4034 on revenue of $12.22B, compared to forecasts EPS of $0.3815 on revenue of $12.2B.
Moderna had missed expectations on Thursday, February 25, 2021 with fourth quarter EPS of $-0.69 on revenue of $570.75M, compared to forecast for EPS of $-0.3425 on revenue of $279.41M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar