Send to a Friend Share

Trimas Corporation (TRS) Tops Q3 EPS by 2c, Tweaks FY11 Guidance

October 27, 2011 8:10 AM EDT
TRS Hot Sheet
Revenue Growth %: +10.3%

Financial Fact:
Gross profit: 78.91M

Today's EPS Names:
TARO, BRLI, TLB, More
Trimas Corporation (NASDAQ: TRS) reported Q3 EPS of $0.49, $0.02 better than the analyst estimate of $0.47. Revenue for the quarter came in at $277.7 million versus the consensus estimate of $279.13 million.

Trimas Corporation sees FY2011 EPS of $1.52-$1.57, versus the consensus of $1.61. The Company also raised its 2011 sales outlook from an increase of 13% to 16% to a range of 16% to 17% compared to 2010.

For FY11, total net income per share is expected to be between $1.65 and $1.70 per share, within the high end of the previously provided 2011 EPS guidance range of between $1.60 and $1.70 per share.


Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!

You May Also Be Interested In


Related Categories

Earnings, Guidance

Add Your Comment





Follow StreetInsider.com On Twitter