Triumph Group Reports Third Quarter Fiscal 2020 Results
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Triumph Group (TGI) Misses Q3 EPS by 2c, Revenues Beat; Offers FY20 EPS/Revenue Mid-Point Guidance Below Consensus
February 6, 2020 6:10 AM ESTTriumph Group (NYSE: TGI) reported Q3 EPS of $0.69, $0.02 worse than the analyst estimate of $0.71. Revenue for the quarter came in at $740.7 million versus the consensus estimate of $680.81 million.
Third Quarter Fiscal 2020
Net sales of $704.7 millionOperating income of $1.7 million with operating margin of 0.2%; adjusted operating income of $64.0 million with adjusted operating margin of 9.1%Net loss of ($13.8) million, or ($0.27) per share; adjusted net income of $35.4 million, or $0.69 per diluted shareCash flow provided by... More