Industrial container firm TriMas beats Q2 sales estimates, raises FY 25 guidance

TriMas reported a 14.2% increase in Q2 sales, exceeding analyst expectations, with adjusted EPS rising 41.9%. The company raised its FY 2025 EPS outlook to $1.95-$2.10, anticipating 8%-10% sales growth. Strong performance in the Aerospace segment, which saw a 32.5% sales increase, contributed to the guidance revision. The Packaging segment also grew by 8.4%, while Specialty Products sales declined by 6.8%. Analysts maintain a "buy" rating on TriMas shares, with a median 12-month price target of $34.15, reflecting a positive outlook for the company.