Triumph's long-awaited recovery showed progress in the latest quarter, but cash use in the quarter to come was a disappointment. Much of the problem is related to things beyond Triumph's control.
Triumph Group, Inc. (NYSE:TGI ) Q1 2025 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Thomas Quigley - Investor Relations Dan Crowley - Chairman, President & Chief Executive Officer Jim McCabe - Senior Vice President & Chief Financial Officer Conference Call Participants Peter Arment - Baird David Strauss - Barclays Michael Ciarmoli - Truist Securities Myles Walton - Wolfe Research Ron Epstein - Bank of America Cai von Rumohr - TD Cowen Sheila Kahyaoglu - Jefferies Noah Poponak - Goldman Sachs Operator Good day, and welcome to the Triumph Group First Quarter Fiscal Year 2025 Results Conference Call. All participants will be in listen-only mode.
Triumph Group (TGI) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.10 per share a year ago.
Triumph Financial struggled as interest rates rose, but has shown improvement since last year. Despite some challenges, Triumph Financial has managed to maintain a healthy net interest income and strong asset yields. The bank's deposit growth has improved, reducing concerns about its loan to deposit ratio, making the preferred shares a buy.
Triumph Group (TGI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Triumph posted better-than-expected results, but provided guidance that was well below expectations. The company will likely struggle until Boeing ramps up production.
Triumph Group's (TGI) fourth-quarter fiscal 2024 earnings top estimates, and sales rise by 10.2% year over year.
Investors need to pay close attention to Triumph Group (TGI) stock based on the movements in the options market lately.
Triumph Group, Inc. (NYSE:TGI ) Q4 2024 Earnings Conference Call May 23, 2024 8:30 AM ET Company Participants Thomas Quigley - Investor Relations Dan Crowley - Chairman, President & Chief Executive Officer Jim McCabe - Senior Vice President & Chief Financial Officer Conference Call Participants Josh Korn - Barclays Noah Poponak - Goldman Sachs Peter J. Arment - Baird Seth Seifman - JPMorgan Cai von Rumohr - TD Cowen Sheila Kahyaoglu - Jefferies Sam Struhsaker - Truist Securities Operator Good day, and welcome to the Triumph Group Fourth Quarter Fiscal Year 2024 Results Conference Call.
Triumph Group (TGI) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.39 per share a year ago.