TriMas Corp. (TRS) Tops Q2 EPS by 4c

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TriMas Reports Second Quarter 2017 Results

July 27, 2017 8:00 AM EDT

BLOOMFIELD HILLS, Mich., July 27, 2017 (GLOBE NEWSWIRE) -- TriMas (NASDAQ: TRS) today announced financial results for the quarter ended June 30, 2017.

Second Quarter 2017 Highlights

Net sales increased 4.9% to $213.4 millionOperating profit increased 40.7% to $26.3 million, while operating profit, excluding Special Items,(1) increased 18.2% to $30.3 millionDiluted EPS increased 39.1% to $0.32, while diluted EPS, excluding Special Items, increased 17.6% to $0.40Total Debt was reduced by $59.8 million to $346.5 million, compared to June 30, 2016

Second Quarter 2017

TriMas reported second quarter net sales of... More