TriMas Corporation Stock News

TriMas Posts 14% Revenue Gain in Q2

TriMas Corporation (NASDAQ:TRS ) Q2 2025 Earnings Conference Call July 29, 2025 10:00 AM ET Company Participants Sherry Lauderback - Vice President of Investor Relations, Communications & Sustainability Teresa M. Finley - CFO, Treasurer & Director Thomas J.

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced financial results for the second quarter ended June 30, 2025. The Company reported second quarter 2025 net income of $16.7 million, or $0.41 per diluted share, compared to $10.9 million, or $0.27 per diluted share, in second quarter 2024. Adjusting for Special Items(1), second quarter 2025 adjusted net income(2) was ...

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on August 12, 2025, to shareholders of record as of the close of business on August 5, 2025. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industri...

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that it will host its second quarter 2025 earnings conference call on Tuesday, July 29, 2025. The conference call will begin at 10 a.m. Eastern Time and will follow the Company's release of second quarter 2025 earnings results at 8 a.m. that day. To participate on the earnings conference call, please dial: (877) 407-...

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that, as previously disclosed in a Current Report on Form 8-K filed on June 9, 2025 with the Securities and Exchange Commission, the Company has made an inducement grant to Thomas Snyder, the newly-appointed President and Chief Executive Officer of TriMas. As approved by the Company's Board of Directors and Compensat...

TriMas stock remains a soft 'buy' due to ongoing strategic review and potential catalysts, despite recent share price appreciation. Aerospace segment drove strong Q1 revenue growth, while Packaging saw modest gains and Specialty Products contracted due to divestiture. Profitability improved year-over-year, with net income and EBITDA rising, and management forecasts further earnings growth for 2...

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas Aerospace, a division of TriMas (NASDAQ: TRS), will be exhibiting at the 2025 International Paris Air Show, taking place June 16-22 at Le Bourget in Paris, France. As one of the world's premier aerospace exhibitions, the Paris Air Show brings together industry leaders, innovators and partners from around the globe. TriMas Aerospace returns to the...