Triumph Group Inc reports results for the quarter ended September 30 - Earnings Summary

Triumph

12/11/2024 15:39

* Triumph Group Inc  TGI.N  reported quarterly adjusted
earnings
of 20 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of 1 cents.  The mean expectation of nine analysts
for the quarter was for earnings of one cent per share. Wall
Street expected results to range from -8 cents to 6 cents per
share.
    * Revenue fell 18.8% to $287.50 million from a year ago;
analysts
expected $283.09 million. 
    * Triumph Group Inc's reported EPS for the quarter was 15
cents​.
    * The company reported quarterly net income of $11.87
million.
    * Triumph Group Inc shares had risen by 26.2% this
quarter and
lost 1.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 68.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the aerospace &
defense
peer group is also "hold"

Wall Street's median 12-month price target for Triumph Group Inc
is $14.00 
This summary was machine generated from LSEG data November 12 at
03:39 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
 Jan. 1 0001       0.01           0.20           Beat
 Jun. 30 2024      -0.05          -0.06          Missed
 Mar. 31 2024                     0.31           
 Dec. 31 2023                     -0.16