Triumph Group (TGI) Misses Q1 EPS by 6c; reaffirms guidance

Triumph Group (NYSE: TGI) reported Q1 EPS of ($0.10), $0.06 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $327.1 million versus the consensus estimate of $322.52 million.

GUIDANCE:

Triumph Group sees FY2024 revenue of $1.39-1.43 billion, versus the consensus of $1.426 billion.

Reaffirmed adjusted EBITDAP of $210.0 million to $225.0 million, reflecting Adjusted EBITDAP margin of 15 - 16%; Reaffirmed expected cash flow from operations of $60.0 million to $80.0 million; free cash flow of $35.0 million to $50.0 million.

For earnings history and earnings-related data on Triumph Group (TGI) click here.

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