Triumph Group Inc expected to post a loss of 5 cents a share - Earnings Preview

Triumph

05/08/2024 16:23

* Triumph Group Inc  TGI.N   TGI  is expected to show a fall
in
quarterly revenue when it reports  results on August 7 for the
period ending June 30 2024
    * The Radnor Pennsylvania-based  company is expected to
report a
17.5% decrease in revenue to $269.975 million from $327.15
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Triumph Group Inc is for
a
loss of 5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 5.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Triumph
Group Inc
is $18.50​, above​ its last closing price of $15.53. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.16        0.20       0.31      Beat    56.8
 Dec. 31 2024  0.14        0.14       -0.16     Missed  -210.4
 Sep. 30 2023  0.00        -0.01      0.01      Beat    190​
 Jun. 30 2023  -0.05       -0.04      -0.10     Missed  -124.4
 ​​Mar.        0.25        0.26       0.39      Beat    50
 31 2023                                                
 Dec. 31 2022  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
 This summary was machine generated August 5 at 15:23 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)