Investing.com - Trinity reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Trinity announced earnings per share of $0.0489 on revenue of $22M. Analysts polled by Investing.com anticipated EPS of $0.08 on revenue of $24.25M.
Trinity shares are down 28% from the beginning of the year and are trading at $1.680 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 26.39% from the start of the year.
Trinity follows other major Healthcare sector earnings this month
Trinity's report follows an earnings beat by Medtronic on Tuesday, November 23, 2021, who reported EPS of $1.32 on revenue of $7.85B, compared to forecasts EPS of $1.29 on revenue of $7.96B.
Agilent Technologies had beat expectations on Monday, November 22, 2021 with fourth quarter EPS of $1.21 on revenue of $1.65B, compared to forecast for EPS of $1.18 on revenue of $1.66B.
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