Quarterly ResultJul 30, 2026, 09:46 AM
TriMas Q2 Adjusted EPS $0.52; Raises Full-Year EPS Outlook
AI Summary
TriMas reported strong second-quarter 2026 results, with adjusted diluted EPS increasing 160% to $0.52 and adjusted operating profit up 29.1% to $14.9 million. Net sales rose 1.6% to $174.6 million. The company raised the low end and midpoint of its full-year 2026 adjusted diluted EPS outlook to $1.60-$1.70. TriMas also repurchased over 5 million shares since November 2025 and ended the quarter with $1.24 billion in cash, reflecting proceeds from the Aerospace divestiture.
Key Highlights
- Q2 2026 adjusted diluted EPS increased 160% to $0.52.
- Q2 2026 net sales rose 1.6% to $174.6 million.
- Q2 2026 adjusted operating profit increased 29.1% to $14.9 million.
- Raised full-year 2026 adjusted diluted EPS outlook to $1.60-$1.70.
- Repurchased over 5 million shares since November 2025.
- Ended Q2 2026 with $1.24 billion in cash and cash equivalents.
- Packaging net sales were $142.9 million, Specialty Products $31.7 million.
- Declared a quarterly cash dividend of $0.04 per share.
Price Impact
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