Triumph Group (TGI) Misses Q2 EPS by 8c; Trims FY17 Revenue Outlook

Triumph Group (NYSE: TGI) reported Q2 EPS of $0.70, $0.08 worse than the analyst estimate of $0.78. Revenue for the quarter came in at $875.8 million versus the consensus estimate of $902.72 million.

GUIDANCE:

Triumph Group sees FY2017 revenue of $3.5-3.6 billion, versus prior guidance of $3.6-3.7 billion and the consensus of $3.64 billion. Reaffirms earnings per diluted share guidance of $3.15 to $3.45 and cash use guidance of $100.0 million to $120.0 million.

For earnings history and earnings-related data on Triumph Group (TGI) click here.

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