TriMas Reports First Quarter 2019 Results
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TriMas Corp. (TRS) PT Lowered to $36 at BMO Capital
May 1, 2019 8:47 AM EDTBMO Capital analyst R. Scott Graham lowered the price target on TriMas Corp. (NASDAQ: TRS) to $36.00 (from $37.00) while maintaining a Outperform rating.
... MoreTriMas Corp. (TRS) Reports In-Line Q1 EPS, Revenues Miss; Affirms FY19 EPS Views
April 30, 2019 8:06 AM EDTTriMas Corp. (NASDAQ: TRS) reported Q1 EPS of $0.42, in-line with the analyst estimate of $0.42. Revenue for the quarter came in at $221.3 million versus the consensus estimate of $225.04 million.
Increased net sales by 1.9% to $221.3 million, with sales increases in all segmentsAchieved operating profit of $25.9 million, while adjusted operating profit(1) increased by 1.2% to $28.4 millionAchieved net income of $19.1 million, while adjusted net income(1) increased by 10.9% to $21.1 millionAchieved diluted EPS of $0.42, while adjusted diluted EPS(1) increased by 12.2% to $0.46Ended the first quarter with $84.4... More