TriMas: Q3 Earnings Snapshot
TriMas reported a third-quarter profit of $9.3 million, with net income of 23 cents per share. Adjusted earnings were 61 cents per share, exceeding Wall Street expectations of 57 cents per share.
- Revenue: $269.3 million, topping Street forecasts of $261.4 million.
- Full-year earnings expected in the range of $2.02 to $2.12 per share.
The company's results surpassed analyst expectations, with adjusted earnings beating the average estimate of three analysts surveyed by Zacks Investment Research.
The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.
Author's summary: TriMas reports Q3 profit of $9.3 million.
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