TriMas Reports Fourth Quarter and Full Year 2019 Results
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TriMas Corp. (TRS) Misses Q4 EPS by 8c, Revenues Miss; Offers FY20 EPS Guidance Below Conservative
February 27, 2020 8:05 AM ESTTriMas Corp. (NASDAQ: TRS) reported Q4 EPS of $0.30, $0.08 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $170.9 million versus the consensus estimate of $225.73 million.
Fourth Quarter 2019
TriMas reported fourth quarter net sales of $170.9 million, an increase of 0.5% compared to $170.1 million in fourth quarter 2018. The Company reported operating profit of $20.8 million in fourth quarter 2019 compared to $23.0 million in fourth quarter 2018. Adjusting for Special Items(1) related... More
