Recap: TriMas Q2 Earnings

TriMas TRS reported its Q2 earnings results on Thursday, July 28, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

TriMas reported in-line EPS of $0.6 versus an estimate of $0.6.

Revenue was up $18.69 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 4.49% drop in the share price the next day.

Here's a look at TriMas's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.49	0.53	0.60	0.55
EPS Actual	0.50	0.56	0.57	0.62
Revenue Estimate	233.67M	209.49M	223.32M	220.58M
Revenue Actual	224.31M	208.97M	222.42M	218.99M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

TriMas management provided guidance for FY 2022, expecting earnings between $2.25 and $2.35 per share.

To track all earnings releases for TriMas visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar