TriMas (Nasdaq: TRS) reported earnings on Feb. 27. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), TriMas beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue improved significantly, and GAAP earnings per share improved significantly.

Gross margins expanded, operating margins contracted, and net margins expanded.

Revenue details
TriMas logged revenue of $259.7 million. The four analysts polled by S&P Capital IQ expected to see net sales of $234.2 million on the same basis. GAAP reported sales were 17% higher than the prior-year quarter's $222.7 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Non-GAAP EPS came in at $0.25. The five earnings estimates compiled by S&P Capital IQ predicted $0.21 per share on the same basis. GAAP EPS of $0.38 for Q4 were 138% higher than the prior-year quarter's $0.16 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 29.1%, 10 basis points better than the prior-year quarter. Operating margin was 10.1%, 20 basis points worse than the prior-year quarter. Net margin was 5.1%, 250 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $285.5 million. On the bottom line, the average EPS estimate is $0.40.

Next year's average estimate for revenue is $1.14 billion. The average EPS estimate is $1.81.

Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on TriMas is outperform, with an average price target of $25.40.

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