Triumph Group Q2 EPS $0.01 Beats $(0.01) Estimate, Sales $354.06M Beat $337.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
Triumph Group (NYSE:TGI) reported Q2 earnings of $0.01 per share, beating the analyst consensus estimate of $(0.01) by 200 percent. This is a decrease of 85.71 percent from last year's earnings. The company also reported quarterly sales of $354.06 million, beating the analyst consensus estimate of $337.40 million by 4.94 percent, a 15.10 percent increase from last year.
November 07, 2023 | 11:07 am
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POSITIVE IMPACT
Triumph Group's Q2 earnings and sales beat analyst estimates, which could positively impact the stock in the short term.
Triumph Group reported better than expected Q2 earnings and sales. This positive financial performance could increase investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100