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

TriMas

29/04/2022 18:19

* TriMas Corp  TRS.OQ  reported quarterly adjusted earnings
of 50
cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
50 cents per share.
    * Revenue rose 8.5% to $224.31 million from a year ago; 
analysts
expected $233.68 million. 
    * TriMas Corp's reported EPS for the quarter was 33 cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.2%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * TriMas Corp shares had fallen by 3.6% this quarter and
lost 16.4% so far this year.
    * The company reported quarterly net income of $14.17
million.
    * 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 April 29 at 05:18 p.m.  ​All
figures in US dollars unless otherwise stated