Triumph Group Inc expected to post a loss of 4 cents a share - Earnings Preview

Triumph

31/07/2023 19:32

* Triumph Group Inc  TGI.N   TGI  is expected to show a fall
in
quarterly revenue when it reports  results on August 2. 
    * The Radnor Pennsylvania-based  company is expected to
report  a
7.7% decrease in revenue to $322.518 million from $349.38
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Triumph Group Inc
is for
a loss of 4 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 3 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Triumph
Group Inc
is $13​, above​ its last closing price of $11.95. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.25        0.26       0.39      Beat    50
 Dec. 31 2023  0.11        0.11       0.12      Beat    12.5
 Sep. 30 2022  -0.02       0.00       0.07      Beat    3,253.
                                                        2​
 Jun. 30 2022  0.09        0.10       0.12      Beat    23.5
 ​​Mar.        0.42        0.42       0.39      Missed  -8.1
 31 2022                                                
 Dec. 31 2021  0.21        0.20       0.21      Beat    3.3​
 Sep. 30 2021  0.08        0.09       0.10      Beat    6.1
 Jun. 30 2021  0.05        0.04       0.09      Beat    101.8
 This summary was machine generated July 31 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated