Triumph Group Reports Fourth Quarter and Full Fiscal Year 2017 Results

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Triumph Group (TGI) Posts Q4 EPS of $2.81, Sales Miss Views

May 24, 2017 6:06 AM EDT

Triumph Group (NYSE: TGI) reported Q4 EPS of $2.81, which may not compare to the analyst estimate of $1.40. Revenue for the quarter came in at $919.9 million versus the consensus estimate of $924.83 million.

Net sales were $919.9 million for fourth quarter fiscal year 2017.Operating income for fourth quarter fiscal year 2017 was $150.8 million, reflecting an operating margin of 16% that excludes a $266.3 million non-cash charge for the impairment of goodwill for Triumph Aerospace Structures.Net income for fourth quarter fiscal year 2017 was $139.5... More