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Trimas (TRS)
:TRS
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.4Last Year’s EPS
0.37Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: -3.99%
|Next Earnings Date:Apr 24, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong growth in the Packaging and Aerospace segments, record backlog, and strategic acquisitions, but faced challenges in the Specialty Products segment and impacts from IT costs and tariffs. Overall, the highlights significantly outweigh the lowlights.Company Guidance
In the TriMas Corporation earnings call, the company provided guidance for 2025, highlighting several key metrics and strategic initiatives. The company expects consolidated sales growth of 4% to 6%, with adjusted earnings per share projected to increase by about 7% to a range of $1.70 to $1.85. The TriMas Packaging segment, representing 55% of total sales, reported nearly 10% organic growth in the fourth quarter, driven by demand in the beauty and personal care markets. The Aerospace segment, accounting for 32% of sales, saw a significant 22% increase in net sales, supported by a strong order backlog of over $350 million. The Specialty Products segment, making up 13% of sales, is anticipated to recover in 2025 following a challenging year, with North Cylinder expected to contribute positively after a $2.2 million drag on operating income in Q4 2024. The company also completed the acquisition of GMT Aerospace and the sale of its aero engine business, reflecting a strategic shift in its portfolio. TriMas maintains a strong balance sheet and low leverage, enabling continued investments and potential growth through acquisitions, particularly in the packaging sector.Strong Performance in TriMas Packaging
TriMas Packaging, the largest segment, achieved nearly 10% organic growth compared to the prior year quarter, driven by demand in beauty and personal care end markets.
TriMas Aerospace Growth
Net sales for TriMas Aerospace increased by more than $14 million or 22% compared to the same period a year ago, driven by commercial aircraft production rates and strategic actions.
Record Backlog in Aerospace
TriMas Aerospace ended the year with a record-breaking backlog of more than $350 million.
Improved Financial Performance Indicators
Consolidated sales were up 8.8% with a segment EBITDA of $42.2 million, and net income and EPS were higher compared to the prior year quarter by 13.2%.
Strategic Acquisition and Divestiture
TriMas completed the acquisition of GMT Aerospace and the sale of its aero engine business, facilitating a portfolio shift and reducing exposure to the oil and gas market.
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TRS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TRS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $21.83 | $20.47 | -6.23% |
| Nov 04, 2024 | $26.96 | $24.78 | -8.09% |
| Jul 30, 2024 | $27.18 | $25.24 | -7.14% |
| Apr 30, 2024 | $26.57 | $25.81 | -2.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Trimas (TRS) report earnings?
Trimas (TRS) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is Trimas (TRS) earnings time?
Trimas (TRS) earnings time is at Apr 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TRS EPS forecast?
TRS EPS forecast for the fiscal quarter 2025 (Q1) is 0.4.
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