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 +5.72% change in stock price 10 days leading up to the earnings, and a +4.64% change 10 days following the report. On the earnings day itself, the stock moves by -5.62%. 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
229.36M
-2.54%
-4.63%
Gross Margin
22.76%
-4.25%
1.34%
Operating Margin
3.55%
-64.68%
-52.16%
Net Margin
1.10%
-84.31%
-75.82%
EPS
0.06
-85.00%
-77.78%
No Data Available
TRS Earnings Analysis
Trimas Corporation Corporation (TRS.O) Earnings Conference Call
Positive
Market Momentum Trends: Over the past quarter, we continue to experience positive trends in market momentum across many of our key end markets, particularly as compared to the same period last year.
Strategic Growth Foundations: Our investments in operational efficiency, customer engagement and innovation have laid a strong foundation enabling us to capitalize on growth opportunities going forward.
Core Sales Growth Analysis: In our two largest segments, TriMas Packaging and TriMas Aerospace, which together comprise over 85% of our year-to-date sales, we delivered core sales growth of 12.3% and 4.8%, respectively as compared to the prior year quarter.
Core Sales Growth: Within TriMas Packaging, our largest group, our core sales gain marks the third consecutive quarter of solid sales growth as we believe we have clearly exited the demand trough experienced in 2023.
Organic Sales Growth Surge: In fact, organic sales growth in our beauty, personal care and home care product lines were up over 20% as compared to the prior year quarter.
Negative
Sales Decline Analysis: Sales decreased by 2.5% year-over-year to $229 million, with combined growth in the Packaging and Aerospace groups of 9.2% offset by lower demand in Specialty Products.
Segment EBITDA Analysis: Segment EBITDA for the portfolio of businesses was $44.2 million or 19.2% of sales, representing a slight decrease from the prior year quarter, with a more significant decline related to lower conversion on the sales decrease within Specialty Products.
Operating Profit Decline: Consolidated operating profit for the quarter was $22.7 million lower than the prior year quarter due to demand challenges within Specialty Products.
Adjusted EPS Performance: Adjusted EPS was $0.43, slightly lower than anticipated due to the work stoppage within one of our aerospace locations and other factors noted.
Sales Impact from Work Stoppage: Net sales in the quarter were negatively impacted by a work stoppage at one of our largest aerospace facilities, reducing sales by $7 million to $8 million.
TRS FAQs
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TRS Earning Call Sentiment
TriMas Corporation (TRS) Q3 2024 Earnings Call Transcript
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00:00
00:00
TRS.O
-2.22%Positive
The earnings call highlights strong growth in TriMas Packaging and Aerospace despite challenges in Specialty Products. The strategic focus on M&A, divestiture plans, and shareholder returns through buybacks are positive. The Q&A reveals confidence in handling labor disputes and expected margin improvements. Although EPS guidance was lowered, optimistic guidance in key segments and accretive acquisitions suggest a positive outlook. The market cap indicates a potential for a notable reaction, supporting a prediction of a positive stock price movement (2% to 8%) over the next two weeks.
