Roth Capital Downgrades TriMas Corp. (TRS) to Neutral
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August 4, 2015 8:02 AM EDT
Company Updates 2015 Guidance After Successful Spin-off of Horizon
Global
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--
TriMas Corporation (NASDAQ: TRS) today announced financial results for
the quarter ended June 30, 2015. The Company reported second quarter net
sales from continuing operations of $224.9 million, a slight increase as
compared to second quarter 2014. The Company reported second quarter
2015 income from continuing operations attributable to TriMas
Corporation of $8.5 million, or $0.19 per diluted share, as compared to
income of $14.4 million, or $0.32 per diluted share, in the second
quarter of 2014. Excluding Special Items(1), second quarter
2015 diluted earnings... More
