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TriMas Corp (TRS.OQ)

TRS.OQ on NASDAQ Stock Exchange Global Select Market

26.75USD
15 Dec 2017
Change (% chg)

$0.80 (+3.08%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Trimas reports Q3 earnings per share $0.29
Thursday, 26 Oct 2017 08:00am EDT 

Oct 26 (Reuters) - Trimas Corp :Trimas reports third quarter 2017 results.Sees FY 2017 earnings per share $1.37 to $1.43 excluding items.Q3 earnings per share $0.29 excluding items.Q3 sales $209.3 million versus I/B/E/S view $209 million.Q3 earnings per share view $0.39 -- Thomson Reuters I/B/E/S.Sees fy 2017 sales up 2 to 4 percent.Q3 earnings per share $0.29.FY2017 earnings per share view $1.42, revenue view $813.7 million -- Thomson Reuters I/B/E/S.  Full Article

Trimas Corp says Trimas LLC entered into a replacement facility amendment to credit agreement - SEC Filing
Wednesday, 20 Sep 2017 04:46pm EDT 

Sept 20 (Reuters) - Trimas Corp :Trimas Corp - On September 20 Trimas LLC entered into a replacement facility amendment to credit agreement - SEC Filing.Trimas Corp - Pursuant to amendment, $500.0 million revolving credit facility was replaced with a new $300.0 million revolving credit facility.Trimas Corp - Pursuant to amendment ,credit facility ‍will mature on September 20, 2022 - SEC Filing​.  Full Article

Trimas announces pricing of $300 million of debt offering
Wednesday, 13 Sep 2017 08:56pm EDT 

Sept 13 (Reuters) - Trimas Corp :Trimas announces pricing of $300 million of debt offering.Priced its offering of $300 million in aggregate principal of senior unsecured notes due 2025.Notes will bear interest at an annual rate of 4.875%.  Full Article

Trimas Corp announces launch of debt offering
Monday, 11 Sep 2017 06:24am EDT 

Sept 11 (Reuters) - Trimas Corp :Trimas announces launch of debt offering.Initiated an offering of $300 million in aggregate principal of senior unsecured notes due 2025​.Intends to use net proceeds from offering to partly repay outstanding obligations of its term loan a facility due 2020 under credit agreement​.  Full Article

Trimas relocates headquarters to Bloomfield Hills, Michigan​
Friday, 25 Aug 2017 11:30am EDT 

Aug 25 (Reuters) - Trimas Corp ::Trimas announces headquarters relocation.Announced that it has relocated its corporate headquarters to a newly renovated space in Bloomfield Hills, Michigan​.  Full Article

TriMas sees FY 2017 earnings per share $1.35 to $1.45 excluding items
Thursday, 27 Jul 2017 08:00am EDT 

July 27 (Reuters) - Trimas Corp :Trimas reports second quarter 2017 results.Sees fy 2017 earnings per share $1.35 to $1.45 excluding items.Q2 earnings per share $0.40 excluding items.Q2 earnings per share $0.32.Q2 sales $213.4 million versus i/b/e/s view $205.2 million.Q2 earnings per share view $0.36 -- Thomson Reuters I/B/E/S.Sees fy 2017 sales up 2 to 4 percent.Trimas corp says remain committed to achieving 2017 operating plan and reaffirming full year outlook provided in february.  Full Article

Trimas reports Q1 EPS $0.15
Thursday, 27 Apr 2017 08:00am EDT 

April 27 (Reuters) - Trimas Corp :Trimas corp says reported free cash flow of $17.7 million for Q1 2017, compared to a use of $5.9 million in Q1 2016.Trimas reports first quarter 2017 results; diluted EPS, excluding special items, increased by 11 pct to $0.30.Q1 earnings per share $0.30 excluding items.Q1 earnings per share $0.15.Q1 sales fell 1.5 percent to $199.8 million.Reported total debt of $366.9 million as of March 31, 2017, compared to $374.7 million as of December 31, 2016, and $437.9 million as of March 31, 2016.Reaffirms FY 2017 earnings per share view $1.35 to $1.45 excluding items.Q1 earnings per share view $0.28, revenue view $200.4 million -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $1.39 -- Thomson Reuters I/B/E/S.  Full Article

Trimas says exited manufacturing plant in Wolverhampton, UK
Monday, 3 Apr 2017 11:12am EDT 

Trimas Corp : Exited manufacturing plant located in Wolverhampton, United Kingdom, taken actions to cease production at a plant located in Reynosa, Mexico . Charges associated with exit of Reynosa facility will range from $2.0 million to $2.5 million . Company estimates charges associated with exiting Wolverhampton facility to range from $3.0 million to $3.5 million during Q1 of 2017 .Lamons business expects to exit Reynosa facility by June 30, 2017.  Full Article

Trimas Corp Q4 loss per share $1.48 from continuing operations
Tuesday, 28 Feb 2017 08:00am EST 

Trimas Corp : Trimas reports fourth quarter and full year 2016 results . Sees FY 2017 earnings per share $1.35 to $1.45 excluding items . Q4 loss per share $1.48 from continuing operations . Q4 sales $185.5 million versus I/B/E/S view $191.2 million . Q4 earnings per share view $0.30 -- Thomson Reuters I/B/E/S . Sees FY 2017 sales up 2 to 4 percent . Q4 earnings per share $0.30 from continuing operations excluding items .Company is targeting 2017 free cash flow to be greater than 100% of net income.  Full Article

Trimas announces plans for further facility consolidation
Wednesday, 28 Sep 2016 10:00am EDT 

Trimas Corp : Actions are incremental to certain facility closure and consolidation efforts completed over past year . Certain activities at impacted facilities may continue through end of year and into early 2017 before consolidation efforts are finalized . Trimas announces plans for further facility consolidation . Initiated facility consolidation actions to more efficiently utilize existing locations and better serve its customers . In aerospace, paris, arkansas production will be consolidated into ottawa, kansas facility . Engineered components activities at two tulsa, oklahoma facilities will be consolidated into another existing tulsa, oklahoma location .Within energy segment, company is exploring options to improve performance of its wolverhampton, united kingdom facility.  Full Article

BRIEF-Trimas reports Q3 earnings per share $0.29

* Sees FY 2017 earnings per share $1.37 to $1.43 excluding items