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

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

TriMas Reports Second Quarter 2020 Results

July 30, 2020 8:00 AM EDT

TriMas' Packaging Group Posts Record Sales Quarter

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- TriMas (NASDAQ: TRS) today announced financial results for the second quarter ended June 30, 2020.

TriMas Highlights

Increased second quarter net sales by 4.6%, driven by record sales in TriMas' Packaging group Reported second quarter diluted loss per share from continuing operations of $0.36, driven by an accounting policy change and realignment charges, while adjusted diluted earnings per share from continuing operations(1) was $0.43 Generated net cash... More