TriMas Corp. (TRS) Misses Q4 EPS by 11c

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Go back to TriMas Corp. (TRS) Misses Q4 EPS by 11c

TriMas Corporation Reports Fourth Quarter and Full Year 2015 Results

February 25, 2016 8:01 AM EST

Achieved 2015 EPS of $1.29(1); Top-End of Previously Provided Guidance Range Projects EPS Growth of 5% to 12% in 2016

BLOOMFIELD HILLS, Mich., Feb. 25, 2016 (GLOBE NEWSWIRE) -- TriMas Corporation (NASDAQ: TRS) today announced financial results for the year and quarter ended December 31, 2015. TriMas reported fourth quarter net sales from continuing operations of $192.8 million, a decrease of 13.7% compared to fourth quarter 2014. The Company reported a fourth quarter 2015 loss from continuing operations of $60.8 million, or a loss of $1.35 per diluted share, as compared to income of $7.7 million, or $0.17 per diluted share during fourth quarter 2014.... More