Triumph Group Q1 Adj. EPS $(0.10) Misses $(0.05) Estimate, Sales $327.14M Beat $324.03M Estimate
Portfolio Pulse from Benzinga Newsdesk
Triumph Group (NYSE:TGI) reported Q1 adjusted losses of $(0.10) per share, missing the analyst consensus estimate of $(0.05) by 100%. This is a 183.33% decrease over earnings of $0.12 per share from the same period last year. However, the company reported quarterly sales of $327.14 million, beating the analyst consensus estimate of $324.03 million by 0.96%. This is a 6.37% decrease over sales of $349.38 million the same period last year.

August 04, 2023 | 10:46 am
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Triumph Group's Q1 earnings missed estimates significantly, but sales slightly beat expectations.
Triumph Group's earnings miss could negatively impact the stock price in the short term. However, the sales beat might mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100