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TriMas Corporation Q3 2023 Results Conference Call October 26, 2023 10:00 AM ET Company Participants Sherry Lauderback - Investor Relations and Communications Thomas Amato - President, CEO and Director Scott Mell - CFO & Principal Accounting Officer Conference Call Participants Hamed Khorsand - BWS Financial Katie Fleischer - KeyBanc Capital Markets Operator Greetings, and welcome to the TriMas Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.
TriMas (TRS) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.40 per share a year ago.
TriMas (TRS) results continue to be impacted by a slowdown in demand in its packaging segment due to inflationary pressures, high interest rates and cost inflation.
Weak packaging demand, escalating raw material costs and supply-chain constraints are impacting TriMas' (TRS) results and price performance.
TriMas Corporation (NASDAQ:TRS ) Q2 2023 Earnings Conference Call July 27, 2023 10:00 AM ET Company Participants Sherry Lauderback - Vice President, Investor Relations & 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, and welcome to the TriMas Second Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
TriMas' (TRS) Q2 earnings bear the brunt of weak demand in the packaging segment owing to customer destocking and lower spending.
TriMas (TRS) came out with quarterly earnings of $0.50 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.60 per share a year ago.
TriMas (TRS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TriMas (TRS) improves the manufacturing footprint of its TriMas Packaging to position it better for growth.
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that it will host its second quarter 2023 earnings conference call on Thursday, July 27, 2023. The conference call will begin at 10 a.m. Eastern Time and will follow the Company's release of second quarter 2023 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 Canada) and ask to be connected to.