Triumph Group, Inc. (TGI) Issues FY13 Earnings Guidance
Triumph Group, Inc. (TGI) updated its FY13 earnings guidance on Tuesday. The company provided earnings per share guidance of ~$5.95 for the period.
Several analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated an outperform rating on shares of Triumph Group in a research note to investors on Friday, September 14th. They now have a $79.00 price target on the stock, up previously from $78.00. On a related note, analysts at Zacks reiterated a neutral rating on shares of Triumph Group in a research note to investors on Thursday, September 6th. They now have a $61.00 price target on the stock. Finally, analysts at Oppenheimer reiterated an outperform rating on shares of Triumph Group in a research note to investors on Thursday, September 6th.
Shares of Triumph Group, Inc. (TGI) traded down 0.63% during mid-day trading on Tuesday, hitting $61.61. Triumph Group, Inc. (TGI) has a one year low of $52.02 and a one year high of $66.89. The company has a market cap of $3.045 billion and a P/E ratio of 10.52.
Triumph Group last issued its quarterly earnings data on Tuesday, October 30th. The company reported $1.57 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.33 by $0.24. The company had revenue of $938.20 million for the quarter, compared to the consensus estimate of $880.82 million. The company’s quarterly revenue was up 18.7% on a year-over-year basis. Analysts expect that Triumph Group, Inc. (TGI) will post $5.80 EPS for the current fiscal year.
Triumph Group, Inc. (Triumph) designs, engineers, manufactures, repairs, overhauls and distributes a portfolio of aerostructures, aircraft components, accessories, subassemblies and systems.
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