TriMas Reports Second Quarter 2020 Results

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Go back to TriMas Reports Second Quarter 2020 Results

TriMas Corp. (TRS) Tops Q2 EPS by 12c

July 30, 2020 8:17 AM EDT

TriMas Corp. (NASDAQ: TRS) reported Q2 EPS of $0.43, $0.12 better than the analyst estimate of $0.31. Revenue for the quarter came in at $199.6 million versus the consensus estimate of $183.14 million.

Outlook

Due to the COVID-19 pandemic and the resulting economic uncertainty, TriMas withdrew its 2020 full year guidance on April 30, 2020. However, the Company noted it now expects TriMas sales overall for the second half of 2020 to be relatively flat compared to... More