Triumph Group Inc expected to post earnings of 19 cents a share - Earnings Preview

Triumph

13/05/2024 13:51

* Triumph Group Inc  TGI.N   TGI  is expected to show a fall
in
quarterly revenue when it reports  results on May 15 (estimated)
for the period ending March 31 2024
    * The Radnor Pennsylvania-based  company is expected to
report a
13.0% decrease in revenue to $342.184 million from $393.29
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.The company's guidance on March 8
2024, for the period ended March 31, was for revenue between
$336.50 million and $366.50 million.
    * ​LSEG's mean analyst estimate for Triumph Group Inc is for
earnings of 19 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "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 $19.75​, above​ its last closing price of $14.32. ​​​

The company's guidance on March 8 2024 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD58.4 million and USD68.4 million.The company's guidance on
March 8 2024 for the period ended March 31 was for Earnings
before Interest, Taxes, Depreciation and Amortization of between
USD336.5 million and USD81 million.The company's guidance on
March 8 2024 for the period ended March 31 was for Capital
Expenditures of USD7.5 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.14        0.14       -0.16     Missed  -210.4
 Sep. 30 0001  0.00        -0.01      0.01      Beat    190
 Jun. 30 2023  -0.05       -0.04      -0.10     Missed  -124.4
                                                        ​
 Mar. 31 2023  0.25        0.26       0.39      Beat    50
 ​​Dec.        0.11        0.11       0.12      Beat    12.5
 31 2022                                                
 Sep. 30 2022  -0.02       0.00       0.07      Beat    3,253.
                                                        2​
 Jan. 1 0001   0.09        0.10       0.12      Beat    23.5
 Mar. 31 2022  0.42        0.42       0.39      Missed  -8.1
 This summary was machine generated May 13 at 12:51 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)