TriMas (TRS) News & Sentiment

TriMas Corporation (NASDAQ:TRS ) Q4 2024 Results Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants Sherry Lauderback - Vice President, Investor Relations and Communications Thomas Amato - President and Chief Executive Officer Scott Mell - Chief Financial Officer Conference Call Participants Ken Newman - KeyBanc Capital Markets Hamed Khorsand - BWS Financial Operator Greetings. Welcome to TriMas fourth quarter and full year 2024 earnings conference call.

TRS' Q4 top line reflects growth in the Packaging and Aerospace segments, partially offset by the Specialty Products segment.

TriMas (TRS) came out with quarterly earnings of $0.43 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.37 per share a year ago.

This Industry Outlook article has featured TriMas and Northwest Pipe.

The future of the Zacks Metal Products - Procurement and Fabrication industry appears to be difficult in the short term, but TRS and NWPX seem ready to handle these challenges.

The Zacks Metal Products - Procurement and Fabrication industry's prospects look bleak in the near term but TRS and NWPX seem poised to tide the challenges.

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS), a leading global provider of engineered products that goes to market through its leading brands within its TriMas Packaging, TriMas Aerospace and Specialty Products groups, today announced that the Company is taking continued actions toward the goal of streamlining and optimizing the business portfolio. The TriMas Board of Directors regularly reviews the Company's strategic priorities and remains open-minded to opportunities to enh.

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that it will host its fourth quarter and full year 2024 earnings conference call on Thursday, February 27, 2025. The conference call will begin at 10 a.m. Eastern Time and will follow the Company's release of fourth quarter and full year 2024 earnings results at 8 a.m. that day. To participate on the earnings conference call, please dial: (877) 407-0890 (U.S. and Canada) or +1 (201) 389-0918 (outside the U.S. and Can.

TriMas Corporation is a potential special situation investment due to its diverse operations and recent financial underperformance, making it a candidate for significant change. Activist investor Barington Capital Group is pushing for a strategic review, including a potential sale, which could unlock shareholder value. Despite mixed financial results, the company's valuation suggests limited downside and significant upside, especially if management decides to restructure or sell parts of the business.