TriMas Corp. (TRS) Misses Q4 EPS by 8c, Revenues Miss; Offers FY20 EPS Guidance Below Conservative

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Go back to TriMas Corp. (TRS) Misses Q4 EPS by 8c, Revenues Miss; Offers FY20 EPS Guidance Below Conservative

TriMas Reports Fourth Quarter and Full Year 2019 Results

February 27, 2020 8:00 AM EST

Achieves High End of EPS Guidance Range for 2019

Increases Share Repurchase Cadence; Provides 2020 Outlook

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- TriMas (NASDAQ: TRS) today announced financial results for the fourth quarter and full year ended December 31, 2019.

TriMas Highlights

Increased 2019 net sales from continuing operations by 2.6% to $723.5 million, driven by acquisitions in TriMas' Packaging group and solid growth in the TriMas Aerospace group Delivered fourth quarter diluted EPS from continuing operations of $0.30, while adjusted diluted... More