TriMas Corp expected to post earnings of 60 cents a share - Earnings Preview

TriMas

27/10/2021 08:36

* TriMas Corp  TRS.OQ   TRS.O  is expected to show a rise in
quarterly revenue when it reports results on October 28. 
* The Bloomfield Hills, Michigan-based company is expected to
report  a 12.0% increase in revenue to $223.316 million from
$199.46 million a year ago, according to the mean estimate from
3 analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for TriMas Corp is for
earnings of 60 cents per share. For the same quarter last year,
the company reported earnings of 43 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "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
$47​, about 26% above​ its last closing price of $34.77. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.56        0.55       0.62      Beat    12
 Mar. 31 2021  0.36        0.37       0.49      Beat    32.4
 Dec. 31 2020  0.33        0.31       0.38      Beat    22.6​
 Sep. 30 2020  0.36        0.37       0.43      Beat    17.3
 Jun.          0.32​       0.31       0.43      Beat    37.2​
 30​ 2020​                                              
 Mar. 31 2020  0.28        0.30       0.34      Beat    12.1​
 Dec. 31 2019  0.38        0.38       0.31      Missed  -18.4
 Sep. 30 2019              0.50       0.44      Missed  -12
 This summary was machine generated October 27 at 07:35 GMT.  All
figures in US dollars unless otherwise stated