India, Feb. 27 -- TriMas Corp. (TRS) Thursday announced a decline in fourth quarter earnings compared to the prior year.
Shares are at $19.68, down 10.01 percent on a volume of 194,715.
The quarterly earnings were $5.6 million, or $0.14 per share, compared to $7.9 million, or $0.19 per share last year. Adjusting for special items, fourth quarter adjusted net income was $17.5 million or $0.43 per share. In the prior year, the adjusted earnings were $15.8 million or $0.38 per share.
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Fourth quarter net sales grew 8.8 percent to $228.1 million from $209.6 million last year. The company said the sales growth in Packaging and Aerospace segments more than offs...