TriMas Corp TRS.OQ reported quarterly adjusted earnings of 43 cents per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of 50 cents. The mean expectation of two analysts for the quarter was for earnings of 53 cents per share. Wall Street expected results to range from 53 cents to 54 cents per share.
Revenue rose 3.1% to $240.50 million from a year ago; analysts expected $238.63 million.
TriMas Corp's reported EPS for the quarter was 27 cents.
The company reported quarterly income of $10.94 million.
TriMas Corp shares had risen by 6.9% this quarter and gained 7.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.1% in the last three months.
In the last 30 days, there have been 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 1 "strong buy" or "buy," 1 "hold" and "sell" or "strong sell."
The average consensus recommendation for the -paper containers & packaging peer group is "hold."
Wall Street's median 12-month price target for TriMas Corp is $40.00
This summary was machine generated from LSEG data July 30 at 02:20 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)
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Jun. 30 2024 |
0.53 |
0.43 |
Missed |
Mar. 31 2024 |
0.34 |
0.37 |
Beat |
Dec. 31 2023 |
0.53 |
0.37 |
Missed |
Sep. 30 2023 |
0.55 |
0.57 |
Beat |