TriMas Q3 net sales up 7.7% to $235.3M; adj. EPS $0.57 vs $0.40 YoY

TRIMAS CORP

2023-Q3 EPS reported $0.78 revenue$683,990,000

Net sales $235.3M (+7.7% YoY); net income $16.5M ($0.40 diluted EPS); adjusted EPS $0.57 (+42.5%).
Aerospace sales grew 48.8% to $67.6M; Specialty Products +18.1% to $51.3M; Packaging -10.2% to $116.5M.
Free cash flow $25.2M in Q3; quarterly dividend $0.04/share maintained.
Full-year 2023 adjusted EPS guidance reaffirmed at $1.80-$1.95.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

TRIMAS CORP reported the third quarter ended September 30, 2023 results: revenue $235.3 million, net income $16.5 million, EPS $0.40 per diluted share.

Period: the third quarter ended September 30, 2023
Revenue: $235.3 million
Net income: $16.5 million
EPS: $0.40 per diluted share
Result: reported results

Exact text from the filing

October 26, 2023 - TriMas (NASDAQ: TRS) today announced financial results for the third quarter ended September 30, 2023. TriMas Third Quarter Highlights • Achieved net sales of $235.3 million, or growth of 7.7%, compared to the prior year quarter • Improved margin levels within the TriMas Packaging group through enhanced cost savings efforts • Increased net sales

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Source: SEC EDGAR

accession 0000842633-23-000116

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