Triumph Group (NYSE:TGI) issued an update on its FY20 earnings guidance on Thursday morning. The company provided EPS guidance of $2.35-2.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.53. The company issued revenue guidance of $2.8-2.9 billion, compared to the consensus revenue estimate of $2.88 billion.
Shares of TGI stock opened at $27.70 on Friday. The firm’s 50 day moving average price is $21.85 and its two-hundred day moving average price is $22.02. Triumph Group has a fifty-two week low of $11.16 and a fifty-two week high of $28.15. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of 11.12, a price-to-earnings-growth ratio of 1.88 and a beta of 2.75.
Triumph Group (NYSE:TGI) last posted its earnings results on Thursday, November 7th. The aerospace company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.04. Triumph Group had a negative net margin of 6.96% and a negative return on equity of 29.65%. The business had revenue of $772.10 million for the quarter, compared to analysts’ expectations of $717.39 million. During the same period in the previous year, the company posted $0.40 earnings per share. The business’s revenue for the quarter was down 9.7% compared to the same quarter last year. On average, research analysts anticipate that Triumph Group will post 2.54 earnings per share for the current fiscal year.
About Triumph Group
Triumph Group, Inc designs, engineers, manufactures, repairs, overhauls, and distributes aerostructures, aircraft components, accessories, subassemblies, and systems worldwide. The company operates in three segments: Integrated Systems, Aerospace Structures, and Product Support. It offers aircraft and engine-mounted accessory drives, thermal control systems and components, cargo hooks, high lift actuations, cockpit control levers, hydraulic systems and components, landing gear actuation systems, control system valve bodies, landing gear components and assemblies, electronic engine controls, main engine gear box assemblies, exhaust nozzles and ducting, fuel pumps, geared transmissions and drive train components, secondary flight control systems, fuel metering units, and vibration absorbers.
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