Triumph Group Reports First Quarter Fiscal 2017 Results

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Triumph Group (TGI) Sinks 18% Following Mixed Q1 Results

July 28, 2016 10:32 AM EDT

Triumph Group (NYSE: TGI) is trading down 18% after the company reported Q1 EPS of $1.04, $0.10 better than the analyst estimate of $0.94. Revenue for the quarter came in at $893.3 million versus the consensus estimate of $896.88 million.

GUIDANCE:

Triumph Group sees FY2017 EPS of $3.15-$3.45, which may not compare to the consensus of $5.01. Triumph Group sees FY2017 revenue of $3.6-3.7 billion, versus the consensus of $3.7 billion.

Triumphs first... More