TriMas Corp. (TRS) Tops Q1 EPS by 1c

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TriMas Reports First Quarter 2022 Results

April 28, 2022 8:00 AM EDT

Company Reaffirms Full Year 2022 Outlook

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- TriMas (NASDAQ: TRS) today announced financial results for the first quarter ended March 31, 2022.

TriMas Highlights

Increased first quarter 2022 net sales by 8.5%, with record first quarter sales in TriMas' Packaging group Leveraged increased TriMas' Specialty Products sales to improve its first quarter operating profit by $2.7 million Reported diluted EPS of $0.33, while adjusted diluted EPS(1) increased to $0.50,... More