TriMas (TRS) Q1 Earnings Surpass Estimates, Improve Y/Y
Zacks Investment Research | May 01, 2019 09:43PM ET
TriMas Corporation (NASDAQ:TRS) delivered adjusted earnings of 46 cents per share in first-quarter 2019 which surpassed the Zacks Consensus Estimate of 42 cents. The bottom line also improved 12% from 41 cents reported in the prior-year period.
On a reported basis, TriMas reported earnings per share of 42 cents compared with first-quarter 2018’s figure of 53 cents..
The company generated revenues of $221.3 million in the reported quarter, missing the Zacks Consensus Estimate of $225 million. The top-line figure improved 2% year over year on account of organic and acquisition-related sales growth which was partially offset by the unfavorable impact of currency exchange.
TriMas Corporation Price, Consensus and EPS Surprise
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