TriMas Corp. (TRS) Reports In-Line Q1 EPS, Revenues Miss; Affirms FY19 EPS Views

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Go back to TriMas Corp. (TRS) Reports In-Line Q1 EPS, Revenues Miss; Affirms FY19 EPS Views

TriMas Reports First Quarter 2019 Results

April 30, 2019 8:00 AM EDT

Delivers 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