TriMas Corporation Reports Q4 EPS of $0.11 vs. $0.14

TriMas Corporation TRS today announced financial results for the quarter and full year ended December 31, 2010. For the quarter, the Company reported net sales from continuing operations of $222.7 million, an increase of 16.5% compared to fourth quarter 2009. Fourth quarter 2010 income from continuing operations was $8.2 million, or $0.23 per diluted share, compared to a loss from continuing operations of $8.9 million, or $0.26 per diluted share, during fourth quarter 2009. Excluding Special Items, fourth quarter 2009 income from continuing operations would have been $3.6 million, or $0.11 per share.