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Stock impact report

TriMas Reports First Quarter 2019 Results

TriMas Corporation (TRS) 
Last trimas corporation earnings: 4/30 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.trimascorp.com
Company Research Source: Business Wire
Delivers Sales and Earnings Growth; Reaffirms Previously Provided Guidance BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- TriMas (NASDAQ: TRS) today announced financial results for the quarter ended March 31, 2019. TriMas Highlights Increased net sales by 1.9% to $221.3 million, with sales increases in all segments Achieved operating profit of $25.9 million, while adjusted operating profit(1) increased by 1.2% to $28.4 million Achieved net income of $19.1 million, while adjusted net income(1) increased by 10.9% to $21.1 million Achieved diluted EPS of $0.42, while adjusted diluted EPS(1) increased by 12.2% to $0.46 Ended the first quarter with $84.4 million of cash on hand, $369.3 million of cash and aggregate availability under its revolving credit facility, and a leverage ratio of 1.4x A Show less Read more
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