Triumph Group (TGI) Q3 Earnings Top Estimates, EPS View Up

Published on 3 Feb 2023 on Zacks via Yahoo Finance

Triumph Group (TGI) Q3 Earnings Top Estimates, EPS View Up

Triumph Group, Inc. TGI shares slipped 0.2% to reach $12.22 on Feb 2, following the company’s third-quarter fiscal 2022 results.

The company reported third-quarter fiscal 2022 (ended Dec 31, 2022) adjusted earnings of 12 cents per share, which surpassed the Zacks Consensus Estimate of 10 cents by 20%. The bottom line, however, declined 42.9% from 21 cents per share.

Including one-time adjustments, TGI reported GAAP earnings of 8 cents per share for the fiscal third quarter compared with 11 cents in the prior-year quarter.

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