TriMas Corp reports results for the quarter ended in June - Earnings Summary

TriMas

27/07/2023 16:11

* TriMas Corp  TRS.OQ  reported quarterly adjusted earnings
of 50
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
50 cents per share.
    * Revenue fell 1.9% to $233.19 million from a year ago;
analysts
expected $255.81 million. 
    * TriMas Corp's reported EPS for the quarter was 26 cents​.
    * The mean earnings estimate of analysts had fallen by
about 10.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * TriMas Corp shares had risen by 1.5% this quarter and
gained 0.5% so far this year.
    * The company reported quarterly net income of $11.02
million.
    * Wall Street's median 12-month price target for TriMas Corp
is
$40.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
27 at 03:11 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.50           0.50           Met
 Mar. 31 2023      0.26           0.30           Beat
 Dec. 31 2022      0.66           0.62           Missed
 Sep. 30 2022      0.61           0.40           Missed