TriMas Corp. (TRS) Reports In-Line Q2 EPS

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TriMas Reports Second Quarter 2022 Results

July 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 second quarter ended June 30, 2022.

TriMas Highlights

Increased second quarter 2022 net sales by 8.5%, led by sales growth in TriMas' Specialty Products group of 20.5% Increased second quarter 2022 operating profit by 16.8% to $29.9 million and adjusted operating profit(1) by 7.2% to $32.1 million Reported second quarter diluted EPS of $0.47 and an adjusted diluted EPS(2) of... More