TriMas: 3Q Earnings Snapshot

BLOOMFIELD HILLS, Mich. (AP) _ TriMas Corp. (TRS) on Tuesday reported third-quarter net income of $22.7 million.

The Bloomfield Hills, Michigan-based company said it had profit of 49 cents per share. Earnings, adjusted for non-recurring gains, came to 48 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.

The maker of packaging materials, aerospace components and other engineered parts posted revenue of $223.8 million in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $219 million.

TriMas expects full-year earnings to be $1.72 to $1.78 per share.

TriMas shares have increased 2.5 percent since the beginning of the year.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on TRS at

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