Triumph Group Swings to Fiscal Q2 Adjusted Profit, Sales Increase

MT Newswires Live
12 Nov 2024

Triumph Group (TGI) on Tuesday swung to fiscal Q2 adjusted earnings of $0.20 per diluted share from an adjusted loss of $0.05 a year earlier.

Analysts polled by Capital IQ expected adjusted EPS of $0.03.

Net sales for the quarter ended Sept. 30 were $287.5 million, up from $284.7 million a year earlier.

Analysts surveyed by Capital IQ expected $284.8 million.

For fiscal 2025, the company said it now expects adjusted EPS of $0.70 to $0.76, compared with the prior outlook of about $0.52. Analysts polled by Capital IQ expect $0.43.

Net sales for the fiscal year are still projected to be about $1.2 billion. Analysts polled by Capital IQ expect $1.21 billion.

Price: 16.37, Change: +0.10, Percent Change: +0.61

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