TriMas Corp. (TRS) Misses Q4 EPS by 1c, Beats on Revenues

TriMas Corp. (NASDAQ: TRS) reported Q4 EPS of $0.31, $0.01 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $195.2 million versus the consensus estimate of $192.26 million.

2017 Highlights

• Increased net sales by 3.0% to $817.7 million with sales increases in all segments
• Increased operating profit to $88.5 million, while operating profit, excluding Special Items(1), increased by 12.3% to $106.3 million
• Increased net cash provided by operating activities by 49.2% to $120.1 million compared to 2016
• Reduced total debt by $71.6 million, or 19.1%, to $303.1 million compared to December 31, 2016

For earnings history and earnings-related data on TriMas Corp. (TRS) click here.

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