Triumph Group (NYSE:TGI) reported its Q3 earnings results on Wednesday, February 9, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
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Earnings
Triumph Group beat estimated earnings by 5.0%, reporting an EPS of $0.21 versus an estimate of $0.2.
Revenue was up $106.75 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01, which was followed by a 0.17% increase in the share price the next day.
Here's a look at Triumph Group's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.09 | 0.04 | 0.08 | -0.06 |
| EPS Actual | 0.10 | 0.09 | 0.10 | 0.09 |
| Revenue Estimate | 373.33M | 397.31M | 436.26M | 447.97M |
| Revenue Actual | 357.40M | 396.65M | 466.83M | 425.99M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Triumph Group management provided guidance for their next quarter, expecting earnings between $0.8 and $0.9 per share for the next quarter.
This represents a 304.76% in quarter-over-quarter growth for Triumph Group, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
