TriMas Corp. (TRS) Reports In-Line Q4 EPS

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TriMas Reports Fourth Quarter and Full Year 2016 Results

February 28, 2017 8:03 AM EST

Reported 2016 Diluted EPS, Excluding Special Items, of $1.26 Provides 2017 EPS Guidance Range of $1.35 to $1.45 Per Share

BLOOMFIELD HILLS, Mich., Feb. 28, 2017 (GLOBE NEWSWIRE) -- TriMas (NASDAQ: TRS) today announced financial results for the year and quarter ended December 31, 2016.

TriMas reported fourth quarter net sales from continuing operations of $185.5 million, a decrease of 3.8% compared to fourth quarter 2015, as organic growth in the Packaging segment was more than offset by continued weakness in the oil and gas and general industrial end markets, and currency exchange.... More