Overview

* TriMas ( TRS ) Q3 sales grow 17.4% yr/yr, beating analyst expectations

* Adjusted EPS for Q3 rises 41.9% yr/yr, surpassing analyst estimates

* Company raises full-year 2025 earnings outlook, citing strong performance

Outlook

* TriMas ( TRS ) raises 2025 full-year adjusted EPS outlook to $2.02-$2.12

* Company expects 2025 sales growth at high end of 8%-10% range

* TriMas ( TRS ) confident in growth potential of Aerospace and Packaging segments

Result Drivers

* AEROSPACE GROWTH - Aerospace sales up 45.8% due to higher industry build rates, new awards, and acquisition of TriMas Aerospace Germany

* PACKAGING SALES - Packaging sales increased 4.2% driven by growth in beauty and personal care dispensers and favorable currency exchange

* SPECIALTY PRODUCTS - Specialty Products sales rose 7.2% as Norris Cylinder's growth offset the impact of Arrow Engine divestiture

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Beat $269.30 $262.05

mln mln (2

Analysts

)

Q3 Beat $0.61 $0.56 (2

Adjusted Analysts

EPS )

Q3 EPS $0.23

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the non-paper containers & packaging peer group is "buy"

* Wall Street's median 12-month price target for TriMas Corp ( TRS ) is $45.00, about 13.2% above its October 27 closing price of $39.07

* The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)