TriMas (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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:
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).
Guidance
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.
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