TriMas Corp. (TRS) announced Monday a rise in fourth-quarter profit to $13.3 million, or $0.38 per share, from last year's $5.7 million, or $0.16 per share. Income from continuing operations was $7.1 million, or $0.20 per share, this year, and $7.6 million, or $0.22 per share, in the prior-year. Adjusted earnings from continuing operations in the recent quarter were $8.7 million, or $0.25 per share.
Four analysts polled by Thomson Reuters estimated earnings of $0.21 per share. Analysts' estimates usually exclude special items.
Net sales for the quarter jumped to $259.7 million from $212.5 million a year ago. The company attributed the growth to market share gains, new product introductions, geographic expansion and contributions from bolt-on additions.
Looking ahead, the company forecast 2012 adjusted earnings from continuing operations in the range of $1.75 to $1.85 per share. Analysts' consensus currently sees 2012 earnings of $1.81 per share.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.