Triumph Group Inc. Third Quarter Earnings Sneak Peek

The Cheat Sheet

Triumph Group, Inc. will unveil its latest earnings on Monday, January 30, 2012. Triumph Group designs, engineers, manufactures and sells products for the aviation and aerospace industries.

Triumph Group, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of $1.13 per share, a rise of 27% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from $1.10. Between one and three months ago, the average estimate moved up. It has been unchanged at $1.13 during the last month. For the year, analysts are projecting profit of $4.54 per share, a rise of 33.9% from last year.

Past Earnings Performance: The company is looking to make a streak of three quarters of beating estimates. Last quarter, it beat expectations by reporting net income of $1.15 per share, and the previous quarter, it had profit of $1.

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Wall St. Revenue Expectations: On average, analysts predict $834 million in revenue this quarter, a rise of 2.9% from the year ago quarter. Analysts are forecasting total revenue of $3.4 billion for the year, a rise of 16.8% from last year’s revenue of $2.91 billion.

Analyst Ratings: Analysts are bullish on this stock with 12 analysts rating it as a buy, none rating it as a sell and none rating it as a hold.

A Look Back: In the second quarter, profit rose 40.8% to $58.5 million ($1.13 a share) from $41.5 million (83 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 2.8% to $790.5 million from $769.1 million.

Key Stats:

The company has seen net income rise in three straight quarters. Net income rose more than fourfold in the first quarter and more than twofold in the fourth quarter of the last fiscal year.

Revenue has risen the past four quarters. Revenue rose more than twofold in the first quarter from the year earlier, climbed more than twofold in the fourth quarter of the last fiscal year from the year-ago quarter and more than twofold in the third quarter of the last fiscal year.

Competitors to Watch: Goodrich Corporation , United Technologies Corp. , Honeywell Intl. Inc. , Spirit AeroSystems Hldgs., Inc. , HEICO Corporation , The Boeing Company , T.A.T. Technologies Ltd. , SIFCO Industries, Inc. , Esterline Tech. Corp. , and EDAC Technologies Corp. .

Stock Price Performance: During November 23, 2011 to January 24, 2012, the stock price had risen $7.42 (14%) from $52.93 to $60.35. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011 when shares rose for nine-straight days, rising 7.7% (+$3.70) over that span. It saw one of its worst periods between April 6, 2011 and April 14, 2011 when shares fell for seven-straight days, falling 7.8% (-$3.40) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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