(RTTNews) - TriMas Corp. (TRS) revealed earnings for its third quarter that Increased from the same period last year and beat the Street estimates.
The company's bottom line totaled $9.30 million, or $0.23 per share. This compares with $2.53 million, or $0.06 per share, last year.
Excluding items, TriMas Corp. reported adjusted earnings of $25.09 million or $0.61 per share for the period.
Analysts on average had expected the company to earn $0.56 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 17.4% to $269.26 million from $229.36 million last year.
TriMas Corp. earnings at a glance (GAAP) :
-Earnings: $9.30 Mln. vs. $2.53 Mln. last year. -EPS: $0.23 vs. $0.06 last year. -Revenue: $269.26 Mln vs. $229.36 Mln last year.
-Guidance: Full year EPS guidance: $2.02 to $2.12
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
