SAN DIEGO, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP, a leading stockholder rights law firm, announced today that it has initiated an investigation into the board members of Triumph Group, Inc. (NYSE: TGI) concerning potential breaches of fiduciary duties related to the proposed sale of the Company to private equity firms Warburg Pincus and Berkshire Partners. On February 3, 2025, Triumph Group informed the public that it has agreed to a deal with Warburg Pincus and Berkshire Partners, in which ...

Core Viewpoint - Triumph Group, Inc. has entered into a definitive agreement to be acquired by affiliates of Warburg Pincus and Berkshire Partners for a total enterprise value of approximately $3 billion, with shareholders receiving $26.00 per share in cash, representing a significant premium over the current stock price [1][2][3] Transaction Details - The acquisition price of $26.00 per share represents a premium of approximately 123% over Triumph's unaffected closing stock price and about 58% over the volume weighted average price for the 90 days prior to January 31, 2025 [2] - The transaction is expected to close in the second half of calendar year 2025, subject to customary closing conditions, including shareholder approval and regulatory approvals [4] Company Background - Triumph Group, founded in 1993 and headquartered in Radnor, Pennsylvania, specializes in designing, developing, manufacturing, and repairing aerospace and defense systems and components [7] - The company serves the global aviation industry, including original equipment manufacturers and military and commercial aircraft operators [7] Strategic Implications - The acquisition is expected to enhance Triumph's ability to meet evolving customer needs and provide more opportunities for employees, as it transitions to a privately held company [3] - Warburg Pincus and Berkshire Partners express confidence in Triumph's reputation and capabilities in the aerospace components sector, indicating plans for growth and capturing increasing demand [3][9] Advisory Information - Goldman Sachs & Co. LLC is serving as the exclusive financial advisor to Triumph, while Lazard is advising Warburg Pincus and Berkshire Partners [6]

Live Webcast scheduled for 8:30 AM ET on February 10, 2025RADNOR, Pa., Jan. 27, 2025 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) will release third quarter fiscal year 2025 earnings on February 10, 2025, and will host a conference call that day at 8:30 a.m. ET. A slide presentation will be included with the audio portion of the webcast. What: TRIUMPH Third Quarter Fiscal Year 2025 Earnings Conference Call When: 8:30 a.m. ET on Monday, February 10, 2025 <td ...

RADNOR, Pa., Jan. 24, 2025 /PRNewswire/ -- Triumph Group, Inc. (TRIUMPH) [NYSE: TGI] Actuation Products and Services business delivered over $28M in aftermarket shipments in its Fiscal Year to date in support of Boeing 787 and Airbus A380 Landing Gear overhaul activity, the highest level achieved to date. TRIUMPH designed, provides, and services the entire landing gear hydraulic actuation suite for both the B787 and A380 aircraft. TRIUMPH's Boeing 787 landing gear system includes nose wheel steering, extend ...

Company Performance - Triumph Financial reported quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.26 per share, and down from $0.37 per share a year ago, representing an earnings surprise of -50% [1] - The company posted revenues of $103.56 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 6.04%, and down from $106.15 million year-over-year [2] - Over the last four quarters, Triumph Financial has surpassed consensus EPS estimates just once and topped consensus revenue estimates only once [2] Future Outlook - The sustainability of the stock's immediate price movement will depend on management's commentary during the earnings call and the company's earnings outlook [3][4] - The current consensus EPS estimate for the coming quarter is $0.29 on revenues of $110.6 million, and for the current fiscal year, it is $1.71 on revenues of $473.2 million [7] - The estimate revisions trend for Triumph Financial is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Financial - Miscellaneous Services industry, to which Triumph Financial belongs, is currently in the top 36% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]

Wall Street analysts expect Triumph Financial (TFIN) to post quarterly earnings of $0.26 per share in its upcoming report, which indicates a year-over-year decline of 29.7%. Revenues are expected to be $110.21 million, up 3.8% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 11.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's ear ...

Core Viewpoint - Triumph Financial (TFIN) is expected to report a year-over-year decline in earnings despite an increase in revenues for the quarter ended December 2024, with the consensus outlook being crucial for assessing the company's earnings picture [1] Earnings Expectations - The consensus estimate for Triumph Financial's quarterly earnings is $0.26 per share, reflecting a year-over-year decrease of 29.7%, while revenues are anticipated to reach $110.21 million, representing a 3.8% increase from the previous year [3] Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised 11.54% higher, indicating a collective reassessment by analysts regarding the company's earnings prospects [4] Earnings Surprise Prediction - The Zacks Earnings ESP (Expected Surprise Prediction) model suggests that a positive Earnings ESP reading, which for Triumph Financial is +5.19%, indicates a higher likelihood of beating the consensus EPS estimate [10][11] Historical Performance - In the last reported quarter, Triumph Financial was expected to post earnings of $0.17 per share but exceeded expectations with actual earnings of $0.19, resulting in a surprise of +11.76% [12] Overall Assessment - Triumph Financial is viewed as a compelling candidate for an earnings beat, but investors are advised to consider other factors that may influence stock performance beyond just earnings results [16]

Rivian Automotive TodayRIVNRivian Automotive$16.12 +2.87 (+21.66%) 52-Week Range$8.26▼$20.30Price Target$15.74Add to WatchlistRivian Automotive Inc. NASDAQ: RIVN stock is up more than 15% the morning after the company announced fourth-quarter deliveries that came in well above analysts’ estimates. Better still, the electric vehicle (EV) manufacturer announced that it is no longer experiencing a component shortage that was limiting production for select models.Get Rivian Automotive alerts:The company annou ...

It has been about a month since the last earnings report for Triumph Group (TGI) . Shares have added about 3.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Triumph Group due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Triumph Group Q2 Earnings Beat Estimates, ...

The hedge fund industry and some trading desks at the big investment banks are usually mystified for always knowing where and when to be. Most of what they do is obscure, but the little that has come to light can easily be adopted by retail traders and investors today. To go through one example, today's breakout stock in the financial sector offers just that. Triumph Financial TodayTFINTriumph Financial$104.46 -2.56 (-2.39%) 52-Week Range$66.85▼$110.58P/E Ratio133.92Price Target$71.60Add to WatchlistShares ...