Picture of TriMas logo

TRS — TriMas News Story

0.000.00%
us flag iconLast trade - 00:00
Basic MaterialsBalancedMid CapSuper Stock

Industrial products maker TriMas' Q3 profit beats, raises FY earnings outlook

Overview

TriMas Q3 sales grow 17.4% yr/yr, beating analyst expectations

Adjusted EPS for Q3 rises 41.9% yr/yr, surpassing analyst estimates

Company raises full-year 2025 earnings outlook, citing strong performance

Outlook

TriMas raises 2025 full-year adjusted EPS outlook to $2.02-$2.12

Company expects 2025 sales growth at high end of 8%-10% range

TriMas confident in growth potential of Aerospace and Packaging segments

Result Drivers

AEROSPACE GROWTH - Aerospace sales up 45.8% due to higher industry build rates, new awards, and acquisition of TriMas Aerospace Germany

PACKAGING SALES - Packaging sales increased 4.2% driven by growth in beauty and personal care dispensers and favorable currency exchange

SPECIALTY PRODUCTS - Specialty Products sales rose 7.2% as Norris Cylinder's growth offset the impact of Arrow Engine divestiture

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 SalesBeat$269.30 mln$262.05 mln (2 Analysts)
Q3 Adjusted EPSBeat$0.61$0.56 (2 Analysts)
Q3 EPS$0.23
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the non-paper containers & packaging peer group is "buy" Wall Street's median 12-month price target for TriMas Corp is $45.00, about 13.2% above its October 27 closing price of $39.07 The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 14 three months ago Press Release: ID:nBw2F400Wa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on TriMas

See all news