TriMas Reports Third Quarter 2024 Net Sales of $229.4M, Adjusted EPS of $0.43

TRIMAS CORP

2024-Q3 EPS reported $0.45 revenue$696,960,000

Third quarter 2024 net sales of $229.4 million, down 2.5% from $235.3 million in Q3 2023.
Packaging segment core sales grew 12.3% and Aerospace core sales grew 4.8% year-over-year.
Specialty Products net sales fell 44.8% to $28.3 million due to lower market demand.
Adjusted diluted EPS was $0.43, compared to $0.63 in the prior year period.
Year-to-date repurchased 771,067 shares for $19.3 million, reducing net shares by 1.6%.

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