TriMas: Q3 Earnings Snapshot
TriMas reported a third-quarter profit of $9.3 million, with net income of 23 cents per share. Adjusted earnings were 61 cents per share, exceeding Wall Street expectations.
The company's revenue was $269.3 million, also topping forecasts. TriMas expects full-year earnings to be in the range of $2.02 to $2.12 per share.
The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share and revenue of $261.4 million.
The results exceeded Wall Street expectations.
Author's summary: TriMas reports Q3 profit and revenue.
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