TriMas Reports First Quarter 2024 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
Reaffirms Full Year 2024 Guidance BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced financial results for the first quarter ended March 31, 2024.TriMas First Quarter HighlightsAchieved quarterly net sales growth of 5.4% to $227.1 millionIncreased net sales within TriMas Packaging, its largest segment, by 9.3%, and TriMas Aerospace by 34.7%Diluted EPS was in line with the prior year quarter, and adjusted diluted EPS(2) increased 5.7% to $0.37Repurchased 540,037 shares of common stock, reducing net shares outstanding by approximately 1.0%"Our overall first quarter results came in as anticipated, with pockets of demand strength as certain of our end markets continued to recover," said Thomas Amato, TriMas President and Chief Executive Officer. "We are encouraged by the ongoing upward trend in our order intake, sales and conversion rates within our TriMas Packaging and Aerospace groups, our two largest segments. While this positive momentum drove our result
Show less
Read more
Impact Snapshot
Event Time:
TRS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TRS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TRS alerts
High impacting TriMas Corporation news events
Weekly update
A roundup of the hottest topics
TRS
News
- TriMas (TRS) Q1 Earnings & Revenues Top Estimates, Rise Y/Y [Yahoo! Finance]Yahoo! Finance
- TriMas Co. (NASDAQ: TRS) had its "buy" rating re-affirmed by analysts at BWS Financial. They now have a $40.00 price target on the stock.MarketBeat
- TriMas Corporation (NASDAQ:TRS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Aerospace Riveting Market Size to Worth USD 180.4 Million by 2033 |Technical Advancements in Aerospace Manufacturing Industries [Yahoo! Finance]Yahoo! Finance
- TriMas Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
TRS
Earnings
- 4/30/24 - Beat
TRS
Sec Filings
- 5/15/24 - Form 8-K
- 5/8/24 - Form 4
- 5/3/24 - Form 4
- TRS's page on the SEC website