10:25 AM EDT, 08/07/2024 (MT Newswires) -- Triumph Group ( TGI ) shares fell more than 11% in recent Wednesday trading after the company's fiscal Q1 adjusted loss came in wider than expected.

The company reported fiscal Q1 adjusted loss from continuing operations of $0.06 per diluted share, narrowing from a loss of $0.16 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.05.

Total net sales for the quarter ended June 30 were $281 million, up from $263.8 million a year earlier.

Analysts surveyed by Capital IQ expected $270 million.

For fiscal 2025, the company said it expects adjusted diluted EPS of about $0.52 and continues to anticipate net sales of about $1.2 billion. Analysts polled by Capital IQ are looking for $0.48 adjusted EPS on revenue of about $1.2 billion.

Price: 13.65, Change: -1.71, Percent Change: -11.11