TriMas Corp. (TRS) Reports In-Line Q4 EPS, Revenues Beat; Offers FY19 EPS Mid-Point Guidance Below Consensus

Go back to TriMas Corp. (TRS) Reports In-Line Q4 EPS, Revenues Beat; Offers FY19 EPS Mid-Point Guidance Below Consensus

TriMas Reports Fourth Quarter and Full Year 2018 Results

February 28, 2019 8:00 AM EST

Delivers Strong Sales and Earnings Growth; Provides 2019 Outlook

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- TriMas (NASDAQ: TRS) today announced financial results for the fourth quarter and full year ended December31, 2018.

2018 Highlights

Increased net sales by 7.3% to $877.1 million, with sales increases in all segments Increased operating profit to $122.1 million, while adjusted operating profit(1) increased by 8.5% to $116.1 million Increased net income to $83.3 million, while adjusted net income(1) increased by 25.8% to $81.0 million Increased diluted EPS to $1.80, while adjusted diluted... More