TRS Earnings Prediction
The chart below shows how TRS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TRS sees a +7.60% change in stock price 10 days leading up to the earnings, and a +4.68% change 10 days following the report. On the earnings day itself, the stock moves by -6.05%. This data can give you a slight idea of what to expect for the next quarter's release.
TRS Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
228.05M
8.82%
-0.57%
Gross Margin
18.00%
-16.67%
-20.91%
Operating Margin
3.90%
-48.95%
9.86%
Net Margin
2.47%
-34.83%
124.55%
EPS
0.14
-26.32%
133.33%
No Data Available
TRS Earnings Analysis
TriMas Corp Corporation (TRS.O) Earnings Conference Call
Positive
Organic Growth in Packaging: TriMas Packaging achieved organic growth of nearly 10% compared to the prior year quarter, driven by dispensing product lines in beauty and personal care markets.
Equipment Effectiveness Improvement: Investments in assembly lines and injection molding machines have improved overall equipment effectiveness (OEE), a leading indicator of financial performance.
Aerospace Sales Surge: TriMas Aerospace segment saw a 22% increase in net sales compared to the previous year, driven by growth in commercial aircraft production and strategic actions.
Aerospace Segment Momentum: The company enters 2025 with a strong order book in the Aerospace segment, indicating continued momentum.
Strong Financial Position: TriMas has a strong balance sheet and low leverage, allowing for investments in growth and shareholder returns.
Aerospace Market Expansion: The acquisition of GMT Aerospace adds a manufacturing location in Europe and is expected to enhance sales in the aerospace market.
Business Streamlining Strategy: The divestiture of the aero engine business allows TriMas to exit the oil and gas market, streamlining operations and focusing on core areas.
Sales and EPS Growth Expectations: Expectations for 2025 include total consolidated sales growth of 4% to 6% and adjusted EPS growth of about 7% compared to the prior year.
Negative
Earnings Miss Report: TriMas Corporation misses on earnings expectations, reporting EPS of $0.43 against expectations of $0.48.
Earnings Decline in Specialty Products: The Specialty Products segment saw a significant earnings decline, with North Cylinder sales down about 6.5% compared to the prior year quarter, resulting in a drag on operating income of over $2.2 million.
Operating Profit Decline: The adjusted operating profit for TriMas Packaging was 150 basis points lower than the previous year period, primarily due to the allocation of IT costs and higher depreciation expenses.
Specialty Products Sales Decline: Despite an overall increase in consolidated sales, the Specialty Products segment's net sales decreased from $32 million to $26.6 million, indicating ongoing struggles in the industrial cylinders market.
Sales Growth Reversion Anticipated: The company anticipates a reversion to GDP plus sales growth rates for TriMas Packaging in 2025, indicating a slowdown from the previous year's strong growth.
Tariff Rate Uncertainty: There is uncertainty regarding potential increases in US tariff rates, particularly from China, which could impact earnings in 2025 and beyond.
Sales Recovery Outlook: The North Cylinder business is expected to see only flat to slightly increasing sales in the first half of 2025 as customers continue to work through inventory, indicating a slow recovery.
TRS FAQs
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TRS Earning Call Sentiment
TriMas Corporation (NASDAQ:TRS) Q4 2024 Earnings Call Transcript
TRS.O
0.67%Positive
The earnings call presents a mixed picture with strong sales growth in Packaging and Aerospace but challenges in Specialty Products and missed EPS expectations. Positive elements include share buybacks and optimistic guidance for 2025. However, competitive pressures, supply chain issues, and economic factors pose risks. The market cap suggests moderate volatility, leading to a neutral prediction as positives and negatives balance out.
