Triumph Group: Fiscal Q3 Earnings Snapshot

Associated Press Finance
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RADNOR, Pa. (AP) — RADNOR, Pa. (AP) — Triumph Group Inc. (TGI) on Wednesday reported a loss of $15.9 million in its fiscal third quarter.

The Radnor, Pennsylvania-based company said it had a loss of 20 cents per share. Losses, adjusted for one-time gains and costs, came to 16 cents per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.

The aircraft supplier posted revenue of $285 million in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $366.3 million.

Triumph Group expects full-year revenue in the range of $1.17 billion to $1.2 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TGI at https://www.zacks.com/ap/TGI

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