TriMas Corp. (TRS) Misses Q4 EPS by 8c, Revenues Miss; Offers FY20 EPS Guidance Below Conservative
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TriMas Reports Fourth Quarter and Full Year 2019 Results
February 27, 2020 8:00 AM ESTAchieves 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