Triumph Group: Q3 Earnings Insights

Triumph Group 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.

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.

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).

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.

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