TriMas Corp. (TRS) Reports In-Line Q2 EPS, Reduces FY Guidance

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TriMas Corporation Reports Second Quarter 2016 Results

July 28, 2016 8:03 AM EDT

Achieved Second Quarter 2016 EPS, Excluding Special Items, of $0.34, an increase of 13.3% 

Revised Full Year 2016 Guidance

BLOOMFIELD HILLS, Mich., July 28, 2016 (GLOBE NEWSWIRE) -- TriMas Corporation (NASDAQ: TRS) today announced financial results for the quarter ended June 30, 2016. The Company reported second quarter net sales from continuing operations of $203.3 million, a decrease of 9.6% compared to second quarter 2015. The Company reported second quarter 2016 income from continuing operations of $10.5 million, or $0.23 per diluted share, as compared to income of $8.5 million, or $0.19 per diluted share, in the second quarter of... More