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TriMas Q3 Adjusted Earnings, Sales Fall; 2024 Guidance Reaffirmed
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TriMas Q3 Adjusted Earnings, Sales Fall; 2024 Guidance Reaffirmed
Nov 4, 2024 11:59 AM

08:42 AM EST, 11/04/2024 (MT Newswires) -- TriMas ( TRS ) reported Q3 adjusted earnings Monday of $0.43 per diluted share, down from $0.63 a year earlier.

Analysts surveyed by Capital IQ expected $0.53.

Net sales for the quarter ended Sept. 30 were $229.4 million, down from $235.3 million a year earlier.

Analysts polled by Capital IQ expected $239.3 million.

The company reaffirmed its 2024 adjusted earnings guidance of $1.70 to $1.90 per diluted share. Analysts polled by Capital IQ expect $1.71.

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