TriMas Corp expected to post earnings of 50  cents a share - Earnings Preview

TriMas

25/07/2023 13:59

* TriMas Corp  TRS.OQ   TRS.O  is expected to show a rise in
quarterly revenue when it reports  results on July 27. 
    * The Bloomfield Hills Michigan-based  company is expected
to
report  a 7.6% increase in revenue to $255.81 million from
$237.68 million a year ago, according to the mean estimate from
2 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for TriMas Corp is for
earnings of 50 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for TriMas Corp
is
$40​, above​ its last closing price of $27.97. ​​​

This summary was machine generated July 25 at 12:59 GMT.  All
figures in US dollars  unless otherwise stated