Stock Analysis

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

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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).
NYSE:TGI Earnings and Revenue Growth February 3rd 2023

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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