TriMas: 4Q Earnings Snapshot

BLOOMFIELD HILLS, Mich. (AP) _ TriMas Corp. (TRS) on Thursday reported fourth-quarter earnings of $23.7 million.

On a per-share basis, the Bloomfield Hills, Michigan-based company said it had net income of 54 cents. Earnings, adjusted for one-time gains and costs, were 38 cents per share.

The maker of packaging materials, aerospace components and other engineered parts posted revenue of $188.2 million in the period.

For the year, the company reported a loss of $79.8 million, or $1.83 per share, swinging to a loss in the period. Revenue was reported as $770 million.

For the current quarter ending in April, TriMas expects its per-share earnings to range from 34 cents to 39 cents.

TriMas shares have risen 13% since the beginning of the year.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRS at https://www.zacks.com/ap/TRS

Categories: Business News