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Triumph Group (TGI) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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Triumph Group (TGI - Free Report) reported $284.96 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 13.4%. EPS of -$0.16 for the same period compares to $0.12 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $366.32 million, representing a surprise of -22.21%. The company delivered an EPS surprise of -223.08%, with the consensus EPS estimate being $0.13.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Triumph Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Interiors: $44.08 million versus $42.28 million estimated by three analysts on average.
Net Sales- Systems & Support: $241.11 million versus the three-analyst average estimate of $324.33 million. The reported number represents a year-over-year change of -15.5%.
Operating income (loss)- Systems & Support: $33.85 million versus the three-analyst average estimate of $57.60 million.
Operating income (loss)- Corporate: -$10.57 million versus the two-analyst average estimate of -$7.92 million.
Operating income (loss)- Interiors: -$2.12 million versus $0.95 million estimated by two analysts on average.
Shares of Triumph Group have returned +8% over the past month versus the Zacks S&P 500 composite's +5.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Triumph Group (TGI) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Triumph Group (TGI - Free Report) reported $284.96 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 13.4%. EPS of -$0.16 for the same period compares to $0.12 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $366.32 million, representing a surprise of -22.21%. The company delivered an EPS surprise of -223.08%, with the consensus EPS estimate being $0.13.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Triumph Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Sales- Interiors: $44.08 million versus $42.28 million estimated by three analysts on average.
- Net Sales- Systems & Support: $241.11 million versus the three-analyst average estimate of $324.33 million. The reported number represents a year-over-year change of -15.5%.
- Operating income (loss)- Systems & Support: $33.85 million versus the three-analyst average estimate of $57.60 million.
- Operating income (loss)- Corporate: -$10.57 million versus the two-analyst average estimate of -$7.92 million.
- Operating income (loss)- Interiors: -$2.12 million versus $0.95 million estimated by two analysts on average.
View all Key Company Metrics for Triumph Group here>>>Shares of Triumph Group have returned +8% over the past month versus the Zacks S&P 500 composite's +5.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.