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

TriMas

26/10/2023 14:37

* TriMas Corp  TRS.OQ  reported quarterly adjusted earnings
of 57
cents​​ per share for the quarter ended in September. The mean
expectation of two analysts for the quarter was for earnings of
55 cents per share.
    * Revenue rose 7.7% to $235.34 million from a year ago;
analysts
expected $247.22 million. 
    * TriMas Corp's reported EPS for the quarter was 40 cents​.
    * The mean earnings estimate of analysts had fallen by
about 15.4%
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 fallen by 7.6% this quarter and
lost 17.5% so far this year.
    * The company reported quarterly net income of $16.49
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
October 26 at 01:37 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.55           0.57           Beat
 Jun. 30 2023      0.50           0.50           Met
 Mar. 31 2023      0.26           0.30           Beat
 Dec. 31 2022      0.66           0.62           Missed