TriMas: Q4 Earnings Snapshot

Associated Press Finance
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BLOOMFIELD HILLS, Mich. (AP) — BLOOMFIELD HILLS, Mich. (AP) — TriMas Corp. (TRS) on Thursday reported profit of $7.9 million in its fourth quarter.

The Bloomfield Hills, Michigan-based company said it had net income of 19 cents per share. Earnings, adjusted for one-time gains and costs, were 37 cents per share.

The maker of packaging materials, aerospace components and other engineered parts posted revenue of $209.6 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $246.3 million.

For the year, the company reported profit of $40.4 million, or 97 cents per share. Revenue was reported as $893.6 million.

TriMas expects full-year earnings in the range of $1.95 to $2.15 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRS at https://www.zacks.com/ap/TRS

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