Comment on Will TriMas (TRS) Stock Be Hurt Today By This Analyst Estimate Reduction?

Will TriMas (TRS) Stock Be Hurt Today By This Analyst Estimate Reduction?

NEW YORK (TheStreet) -- Analysts at Keybanc cut their earnings estimates on TriMas Corp.a to $1.87 per share from $2.20 per share for the 2014 full year, and to $2.40 per share from $2.65 for the 2015 full year. The firm said it lowered its EPS estimates on the manufacturer and distributor of products for commercial, industrial, and consumer markets after the company reduced its 2014 full year earnings guidance. TriMas is now expecting earnings per diluted share between $1.85 and $1.95 for fiscal 2014, compared to its previous guidance of $2.15 to $2.25 per diluted share.

 

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