Triumph Group Inc reports results for the quarter ended in December - Earnings Summary

Triumph

07/02/2024 14:45

* Triumph Group Inc  TGI.N  reported a quarterly adjusted
loss
of 16 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 12 cents.  The mean expectation of nine analysts for the
quarter was for earnings of 14 cents per share. Wall Street
expected results to range from 11 cents to 18 cents per share.
    * Revenue fell 13.4% to $284.87 million from a year ago;
analysts
expected $368.39 million. 
    * Triumph Group Inc's reported EPS for the quarter was a
loss
of 20 cents​.
    * The company reported a quarterly loss of $15.9 million.
    * Triumph Group Inc shares had fallen by 0.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 10.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the aerospace &
defense
peer group is also "buy"

Wall Street's median 12-month price target for Triumph Group Inc
is $20.00 
This summary was machine generated from LSEG data February 7 at
02:45 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.14           -0.16          Missed
 Sep. 30 2023      -0.01          0.01           Beat
 Jun. 30 2023      -0.04          -0.10          Missed
 Mar. 31 2023      0.26           0.39           Beat