Triumph Group Third Quarter 2023 Earnings: Revenues Beat Expectations, EPS Lags

Triumph Group (NYSE:TGI) Third Quarter 2023 Results

Key Financial Results

• Revenue: US$328.9m (up 3.0% from 3Q 2022).
• Net income: US$11.0m (up 51% from 3Q 2022).
• Profit margin: 3.3% (up from 2.3% in 3Q 2022).
• EPS: US$0.17 (up from US$0.11 in 3Q 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Triumph Group Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) missed analyst estimates by 17%.

Looking ahead, revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Aerospace & Defense industry in the US.

Performance of the American Aerospace & Defense industry.

The company's shares are up 11% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 4 warning signs for Triumph Group you should be aware of.

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