Triumph Group Reports Fourth Quarter Fiscal 2021 Results
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May 21, 2021 12:44 PM EDT
Cowen analyst Cai Von Rumohr raised the price target on Triumph Group (NYSE: TGI) to $16.00 (from $12.00) while maintaining a Market Perform rating.
The analyst commented, "Q4's improving Systems/Support results and Q1 sale of Red Oak/composites put TGI closer to a... More
May 20, 2021 6:06 AM EDT
Triumph Group (NYSE: TGI) reported Q4 EPS of $0.10, $0.02 better than the analyst estimate of $0.08. Revenue for the quarter came in at $466.8 million versus the consensus estimate of $436.26 million.
Fourth Quarter Fiscal 2021
Net sales of $466.8 millionOperating loss of $46.2 million with operating margin of (10%); adjusted operating income of $32.9 million with adjusted operating margin of 7%Net loss of $73.5 million, or ($1.27) per share; adjusted net income of $5.7 million, or $0.10 per diluted shareCash flow provided by...
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