TriMas Corp reports results for the quarter ended December 31 - Earnings Summary

• TriMas Corp TRS.OQ reported quarterly adjusted earnings of 43 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 37 cents. The mean expectation of two analysts for the quarter was for earnings of 48 cents per share. Wall Street expected results to range from 47 cents to 48 cents per share.

• Revenue rose 8.8% to $228.05 million from a year ago; analysts expected $226.27 million.

• TriMas Corp's reported EPS for the quarter was 14 cents​.

• The company reported quarterly net income of $5.64 million.

• TriMas Corp shares had fallen by 11.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the non-paper containers & packaging peer group is also "buy"

Wall Street's median 12-month price target for TriMas Corp is $34.15

This summary was machine generated from LSEG data February 27 at 04:19 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)