Jefferies Downgrades Triumph Group (TGI) to Hold, Positive FY2018/2019 EPS Revisions

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Go back to Jefferies Downgrades Triumph Group (TGI) to Hold, Positive FY2018/2019 EPS Revisions

Triumph Group (TGI) Misses Q1 EPS by 61c, Miss on Revenues; Offers Weak FY17 EPS / Revenue Outlook

July 26, 2017 6:04 AM EDT

Triumph Group (NYSE: TGI) reported Q1 EPS of $0.24, $0.61 worse than the analyst estimate of $0.85. Revenue for the quarter came in at $781.7 million versus the consensus estimate of $805.14 million.

Outlook

Based on anticipated aircraft production rates and divestitures completed in fiscal year 2017, the Company... More