Triumph Group, Inc. (NYSE:TGI) is reporting second quarter financial results on Thursday 5th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, TGI is expected to report 2Q21 loss of $ 0.29 per share from revenue of $ 470.24 million.
For the full year, analysts anticipate top line of $ 1853.32 million, while looking forward to loss of $ 0.5 per share bottom line.
The Company Outlook
Full Year 2021 topline are forecasted in a range of$ 1,800.00 million ~ $ 1,900.00 million
Click Here For More Historical Outlooks Of Triumph Group, Inc.
Previous Quarter Performance
Triumph Group, Inc. came out with loss for the first quarter of $ 0.19 per share, from the revenue of $ 495.08 million. The quarterly revenues shrunk 29.26 percent compared with the same quarter last year. Wall street analysts are predicting, TGI to report 1Q21 loss of $ 0.22 per share from revenue of $ 459.68 million. The bottom line results beat street analysts by $ 0.03 or 13.64 percent, at the same time, top line results outshined analysts by $ 35.40 million or 7.70 percent.
Stock Performance
Shares of Triumph Group, Inc. traded low $ -0.23 or -3.06 percent on Wednesday, reaching $ 7.29 with volume of 1.24 million shares. Triumph Group, Inc. has traded high as $ 7.50 and has cracked $ 7.06 on the downward trend
The closing price of $ 7.29, representing a 149.01 % increase from the 52 week low of $ 3.02 and a 74.4 % decrease over the 52 week high of $ 29.38.
The company has a market capital of $ 379.61 million and is part of the Industrials sector and Aerospace & Defense industry.
Conference Call
Triumph Group, Inc. will be hosting a conference call at 8:30 AM eastern time on 5th November 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.triumphgroup.com
Triumph Group, Inc. designs, engineers, manufactures, repairs, overhauls, and distributes aerostructures, aircraft components, accessories, subassemblies, and systems worldwide. It operates in three segments: Integrated Systems, Aerospace Structures, and Product Support.
