Stock Track | Triumph Group Soars on Upbeat Q2 Results, Raised Outlook

Stock Track

Nov 12, 2024

Shares of Triumph Group Inc. (NYSE: TGI) soared 10.39% in pre-market trading on Monday, November 12, 2024, after the aircraft components manufacturer reported better-than-expected fiscal second-quarter results and raised its full-year earnings guidance.

For the quarter ended September 2024, Triumph Group reported adjusted earnings per share of $0.20, surpassing the consensus estimate of $0.01 by a wide margin. The company's revenue of $287.5 million also exceeded analysts' expectations of $283.09 million.

The strong performance prompted Triumph Group to raise its fiscal 2025 earnings guidance. The company now expects full-year earnings in the range of $0.70 to $0.76 per share, up from its previous forecast.

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(NYSE: TGI) soared 10.39% in pre-market trading on Monday, November 12, 2024, after the aircraft components manufacturer reported better-than-expected fiscal second-quarter results and raised its full-year earnings guidance.</p>\n\n<p>For the quarter ended September 2024, Triumph Group reported adjusted earnings per share of $0.20, surpassing the consensus estimate of $0.01 by a wide margin. The company's revenue of $287.5 million also exceeded analysts' expectations of $283.09 million.</p>\n\n<p>The strong performance prompted Triumph Group to raise its fiscal 2025 earnings guidance. The company now expects full-year earnings in the range of $0.70 to $0.76 per share, up from its previous forecast.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TGI","symbol_name":"Triumph Group Inc","start_time":0,"source_url":"","article_id":"1106565607","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1106565607","pubTimestamp":1731412342,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Triumph Group Inc.  soared 10.39% in pre-market trading on Monday, November 12, 2024, after the aircraft components manufacturer reported better-than-expected fiscal second-quarter results and raised its full-year earnings guidance.For the quarter ended September 2024, Triumph Group reported adjusted earnings per share of $0.20, surpassing the consensus estimate of $0.01 by a wide margin. 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