Baird Maintains Outperform on Triumph Group, Lowers Price Target to $26
Baird analyst Peter Arment maintains Triumph Group (NYSE:TGI) with a Outperform and lowers the price target from $36 to $26.
Why Triumph Shares Are Plunging Today
Triumph Group Inc (NYSE:TGI) reported a fourth-quarter sales decline of 17.2% year-over-year to $386.65 million, -2% Y/Y on an organic…
Mid-Morning Market Update: Markets Open Lower; Target Earnings Miss Views
U.S. stocks traded lower this morning, with the Dow Jones dropping more than 400 points on Wednesday.
Triumph Group Sees FY23 EPS $0.40-$0.60, Sales $1.2B-$1.3B vs $1.5B Est.
Fiscal 2023 Guidance
Net sales between $1.2 billion - $1.3 billion
Earnings per diluted share of between $0.40 - $0.60
Cash used in operations
Triumph Group Q4 Adj. EPS $0.39 Misses $0.42 Estimate, Sales $386.70M Miss $405.19M Estimate
Triumph Group (NYSE:TGI) reported quarterly earnings of $0.39 per share which missed the analyst consensus estimate of $0.42 by 7.14 percent. This is a 290 percent increase over earnings of $0.10 per share from the same
Earnings Scheduled For May 18, 2022
Companies Reporting Before The Bell
• Sypris Solutions (NASDAQ:SYPR) is projected to report earnings for its first quarter.
Triumph Secures Next Generation Jammer Production Contracts From Raytheon
Triumph Group Inc (NYSE:TGI) has secured a multi-year contract from Raytheon Intelligence & Space, a Raytheon Technologies Corp (NYSE:RTX) business, to deliver…
11 Industrials Stocks Moving In Monday’s Pre-Market Session
Gainers
HireRight Holdings (NYSE:HRT) shares moved upwards by 9.1% to $15.75 during Monday's pre-market session. The company's market cap stands at $1.2 billion.
Triumph Awarded Jammer Production Contracts From Raytheon Technologies; Size Not Disclosed
Triumph Group (NYSE:TGI) announced that it was awarded a multi-year contract from Raytheon Intelligence & Space, a Raytheon Technologies business, to deliver air inlet and exhaust electro-mechanical door