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Stock impact report

TriMas (TRS) Earnings Miss Estimates in Q4, Revenues Rise Y/Y [Yahoo! Finance]

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: Yahoo! Finance
The bottom line decreased 40% from the prior-year quarter. Including the impacts of one-time items, the company reported an EPS of 19 cents compared with the year-ago quarter's 45 cents. TRS's revenues increased 3.1% year over year to $210 million, attributed to organic growth in aerospace and defense, certain packaging product lines, and acquisition-related sales, offset by lower market demand for products used in certain industrial, and oil and gas applications. The top line missed the Zacks Consensus Estimate of $246 million. TriMas Corporation Price, Consensus and EPS Surprise TriMas Corporation price-consensus-eps-surprise-chart | TriMas Corporation Quote Costs & Margins Cost of sales increased 5.5% year over year to $166 million in the reported quarter. Gross profit fell 5.3% year over year to $43 million. The gross margin was 20.6% compared with 22.4% in the prior-year quarter. Selling, general and administrative expenses were down 18% year over year to $30 millio Show less Read more
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