TriMas Corp. (TRS) Misses Q1 EPS by 2c, Lowers FY Sales Guidance

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Go back to TriMas Corp. (TRS) Misses Q1 EPS by 2c, Lowers FY Sales Guidance

TriMas Corporation Reports First Quarter 2015 Results

April 28, 2015 8:01 AM EDT

Company Reaffirms 2015 EPS Guidance

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- TriMas Corporation (NASDAQ: TRS) today announced financial results for the quarter ended March 31, 2015. The Company reported first quarter net sales from continuing operations of $366.5 million, an increase of 0.3% compared to first quarter 2014. The Company reported first quarter 2015 income from continuing operations attributable to TriMas Corporation of $14.0 million, or $0.31 per diluted share, as compared to income of $18.4 million, or $0.41 per diluted share, during the first quarter of 2014. Excluding Special Items(1), first quarter 2015 diluted earnings per share from continuing operations would have been $0.41, as compared to $0.42 in... More