TriMas Corp (TRS) Releases Earnings Results, Beats Expectations By $0.01 EPS

TriMas Corp (TRS) reported quarterly earnings results on Thursday, Apr-28-2016. The company said it had a profit of $0.27 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.26. The company posted revenue of $202.90 million in the period, compared to analysts expectations of $202.19 million. The company’s revenue was down -9.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.41 EPS.

TriMas Corp closed down -0.2 points or -1.07% at $18.44 with 98,599 shares getting traded on Wednesday. Post opening the session at $18.6, the shares hit an intraday low of $18.27 and an intraday high of $18.74 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Mar 9, 2016, Nancy Gougarty (director) sold 4,005 shares at $17.61 per share price. According to the SEC, on Nov 27, 2015, Marshall A Cohen (director) sold 36,183 shares at $21.00 per share price. On Nov 10, 2015, Herbert K Parker (director) purchased 2,500 shares at $20.33 per share price, according to the Form-4 filing with the securities and exchange commission.

TriMas Corporation (TriMas) is a designer manufacturer and distributor of engineered and applied products for commercial industrial and consumer markets. The Company operates through four segments: Packaging Energy Aerospace and Engineered Components. Its Packaging segment is a designer manufacturer and distributor of engineered closure and dispensing systems for steel and plastic industrial and consumer packaging applications. Its Energy segment is a manufacturer and distributor of metallic and non-metallic gaskets bolts industrial fasteners and specialty products for the petroleum refining petrochemical oil field and industrial markets. Its Aerospace segment is a designer and manufacturer of a range of products for use in the aerospace industry. Its Engineered Components is a designer manufacturer and distributor of natural gas powered engines and parts and high-pressure and low-pressure steel cylinders for the transportation storage and dispensing of compressed gases.

TriMas Corp

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