TriMas Corp. (TRS) Reports In-Line Q1 EPS, Revenues Miss; Affirms FY19 EPS Views
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TriMas Reports First Quarter 2019 Results
April 30, 2019 8:00 AM EDTDelivers Sales and Earnings Growth; Reaffirms Previously Provided Guidance
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- TriMas (NASDAQ: TRS) today announced financial results for the quarter ended March31, 2019.
TriMas Highlights
Increased net sales by 1.9% to $221.3 million, with sales increases in all segments Achieved operating profit of $25.9 million, while adjusted operating profit(1) increased by 1.2% to $28.4 million Achieved net income of $19.1 million, while adjusted net income(1) increased by 10.9% to $21.1 million Achieved diluted EPS of... More