Triumph Group Inc.

NYSE:TGI   10:11:05 AM EDT
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Other Pre-Announcement

Triumph Reports Third Quarter Fiscal 2023 Results

Published: 02/01/2023 11:59 GMT
Triumph Group Inc. (TGI) - Triumph Reports Third Quarter Fiscal 2023 Results.
Q3 Sales $328.9 Million.
Q3 Adjusted Earnings per Share $0.12.
Q3 Earnings per Share $0.08.
Q3 Earnings per Share View $0.11, Revenue View $308.1 Million -- Refinitiv Ibes Data (analyst estimates).
Expects Net Sales for Fiscal 2023 Will Be $1.30 Billion to $1.35 Billion, Up From Prior Guidance of Approximately $1.3 Billion.
Expects GAAP Fiscal 2023 Earnings per Diluted Share of $1.59 to $1.79, Down From Prior Guidance of $1.66 to $1.86.
As Supply Chain Catches Up to Increasing Customer Demand, Expect to See Strong Cash Generation Next Quarter.
Expects 2023 Adjusted Earnings per Diluted Share of $0.48 to $0.68, Up From Prior Guidance of $0.40 to $0.60.
Remain on Track to Meet Our Updated Cash Flow Guidance As We Increase Profitability Year Over Year.