financetom
Business
financetom
/
Business
/
Triumph Group Swings to Fiscal Q2 Adjusted Profit, Sales Increase
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Triumph Group Swings to Fiscal Q2 Adjusted Profit, Sales Increase
Nov 12, 2024 4:20 AM

06:52 AM EST, 11/12/2024 (MT Newswires) -- Triumph Group ( TGI ) on Tuesday swung to fiscal Q2 adjusted earnings of $0.20 per diluted share from an adjusted loss of $0.05 a year earlier.

Analysts polled by Capital IQ expected adjusted EPS of $0.03.

Net sales for the quarter ended Sept. 30 were $287.5 million, up from $284.7 million a year earlier.

Analysts surveyed by Capital IQ expected $284.8 million.

For fiscal 2025, the company said it now expects adjusted EPS of $0.70 to $0.76, compared with the prior outlook of about $0.52. Analysts polled by Capital IQ expect $0.43.

Net sales for the fiscal year are still projected to be about $1.2 billion. Analysts polled by Capital IQ expect $1.21 billion.

Price: 16.37, Change: +0.10, Percent Change: +0.61

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved