TriMas Corporation (NASDAQ: TRS) reported second-quarter 2024 adjusted earnings per share of 43 cents (including non-cash compensation expenses), which missed the Zacks Consensus Estimate of 53 cents. The bottom line declined 23.2% from the prior-year quarter. Including the impacts of one-time items, the company reported an EPS of 27 cents compared with the year-ago quarter's 26 cents. The company's revenues increased 3.1% year over year to $241 million. Organic sales growth in packaging and aerospace product lines helped offset lower market demand for products used in some industrial, and oil and gas applications in the Specialty Products segment. The top line beat the Zacks Consensus Estimate of $232 million. Overall, organic sales improved 2.8% in the quarter. Contribution from acquisitions to sales was 0.6% in the quarter. TriMas Corporation Price, Consensus and EPS Surprise TriMas Corporation price-consensus-eps-surprise-chart | TriMas Corporation Quote Costs & Margins The cost of sales rose 4.4% year over year to $186.5 million in the reported quarter. Gross profit declined 1% year over year to $54 million. The gross margin was 22.5% compared with 23.4% in the prior-year quarter. Selling, general and administrative expenses rose 4.9% year over year to $36 million. Adjusted operating profit declined 24% year over year to $21 million. The adjusted operating margin contracted to 8.6% from the prior-year quarter's 11.8%. Segment ...