Thursday, May 16, 4:03 PM
TriMas (TRS +1.3%) finishes higher after announcing earlier that it had promoted A. Mark Zeffiro to executive vice president and chief financial officer. Zeffiro joined TRS June 2008 as acting CFO, with 25 years of financial, operational and business leadership experience with companies such as Black & Decker and General Electric.
Comment![On the Move]
Wednesday, March 27, 2:53 PM
TriMas (TRS +0.8%) acquires Wulfrun Specialised Fasteners for around $9.6M, subject to net working capital adjustments. Wulfrun is a manufacturer and distributer of specialty bolting and CNC machined components for use in oil and gas, pipeline and power generation applications. which generated approximately $10M in revenue in 2012.
Comment![Global & FX, M&A, On the Move]
Wednesday, January 23, 3:49 PM
Jefferies believes recent announcements from oil and gas companies support its estimate that capital spending for oil and gas will increase 3%-5% in 2013, with positive implications for THR, FLS, PNR, AIMC, AME, TRS and IEX, but short-term sales pressure on HEK's water services sales, NWPX's tubular segment and EDG's OCTG business.
Comment![Energy, Quick Ideas]
Thursday, October 25, 2012, 9:49 AMTriMas (TRS): Q3 EPS of $0.51 beats by $0.03. Revenue of $335.9M (+21% Y/Y) beats by $35M. (PR)
Monday, July 30, 2012, 9:56 AMTriMas (TRS): Q2 EPS of $0.61 beats by $0.06. Revenue of $338M (+17.5% Y/Y) beats by $14M. (PR)
Thursday, April 26, 2012, 11:56 AMTriMas (TRS): Q1 EPS of $0.39 beats by $0.06. Revenue of $297.6M (+15.1% Y/Y) misses by $22M. (PR)
Monday, February 27, 2012, 8:16 AMTriMas Corp (TRS): Q4 EPS of $0.25 beats by $0.04. Revenue of $260M (+22.2% Y/Y) beats by $26M. (PR)
Monday, September 26, 2011, 8:55 AM
Roth is naming diversified manufacturer TriMas (TRS) its top industrial pick, and setting a $22 PT. The firm sees TriMas posting high-single-digit revenue growth as mature businesses are used to fund investment in faster-growing ones, and expects its margins to expand thanks to a combination of productivity gains and an improved sales mix.
1 Comment[Quick Ideas]