TriMas Corp. (TRS) Misses Q3 EPS by 3c

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TriMas Reports Third Quarter 2021 Results

October 28, 2021 8:00 AM EDT

Delivered Solid Sales and Earnings Growth; Recently Initiated Dividend Program

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- TriMas (NASDAQ: TRS) today announced financial results for the third quarter ended September 30, 2021.

TriMas Highlights

Increased third quarter net sales by 11.5%, with record third quarter sales in TriMas' Packaging segment Leveraged increased sales to nearly double year-over-year operating profit in the Specialty Products segment Reported diluted EPS of $0.45, while adjusted diluted EPS(1) increased by 9.6% to $0.57 Added quarterly dividend program to the... More