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.
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:
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).
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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