TriMas Corp. (TRS) Misses Q3 EPS by 23c

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TriMas Reports Third Quarter 2022 Results

October 27, 2022 8:00 AM EDT

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- TriMas (NASDAQ: TRS) today announced financial results for the third quarter ended September 30, 2022.

TriMas Highlights

Increased third quarter net sales in TriMas' Specialty Products group by 14.5% Launching a new fully-recyclable PET injection blow-molded jar with a closure system for personal care applications within TriMas Packaging Continued strong order backlog within TriMas' Specialty Products group, while order backlog increased within TriMas Aerospace Favorably settled cross-currency swaps for pre-tax cash proceeds of $26 million Repurchased... More