TriMas Corp expected to post earnings of 53 cents a share - Earnings Preview

TriMas

27/02/2024 13:03

* TriMas Corp  TRS.OQ   TRS.O  is expected to show a rise in
quarterly revenue when it reports  results on February 29 for
the period ending December 31 2023
    * The Bloomfield Hills Michigan-based  company is expected
to
report a 21.2% increase in revenue to $246.439 million from
$203.31 million a year ago, according to the mean estimate from
2 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for TriMas Corp is for
earnings of
53 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
$40.00​, above​ its last closing price of $25.66. ​​​

This summary was machine generated February 27 at 13:02 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)