Financial Performance - Triumph Group reported a quarterly loss of $0.06 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.03, but an improvement from a loss of $0.10 per share a year ago [1] - The company posted revenues of $281.02 million for the quarter ended June 2024, exceeding the Zacks Consensus Estimate by 4.14%, but down from $327.15 million in the same quarter last year [2] - Over the last four quarters, Triumph Group has surpassed consensus EPS estimates only once [2] Stock Performance - Triumph Group shares have declined approximately 7.4% since the beginning of the year, contrasting with the S&P 500's gain of 9.9% [3] - The current Zacks Rank for Triumph Group is 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.09 on revenues of $286.81 million, and for the current fiscal year, it is $0.49 on revenues of $1.21 billion [7] - The trend for estimate revisions ahead of the earnings release has been unfavorable, which may impact future stock performance [6] Industry Context - The Aerospace - Defense Equipment industry, to which Triumph Group belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, suggesting potential challenges ahead [8]

RADNOR, Pa., Aug. 7, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today reported financial results for its first quarter of fiscal 2025, which ended June 30, 2024. First Quarter Fiscal 2025 Net sales of $281.0 million; sales growth of 7% Operating income of $8.1 million with operating margin of 3%; adjusted operating income of $17.2 million with adjusted operating margin of 6% Net loss from continuing operations of ($18.8) million, or $(0.24) per share; adjusted net loss ...

Group 1 - Triumph Group, Inc. has extended its repair and technical support agreement with Lockheed Martin for the F-35 Joint Strike Fighter fleet, which will last for the next five years [1][2] - The Clemmons, North Carolina facility of Triumph will provide engineering and material support as part of this agreement, showcasing the company's technical capabilities in high-demand depot settings [2][3] - Triumph has been supplying Hydraulic Utility Actuation Valves (HUAV) for the F-35 program since 2014 and began providing aftermarket parts for military depot operations in 2021 [2][3] Group 2 - The company is recognized as a market leader in hydraulic power generation and actuation, with a commitment to exceptional service for Lockheed Martin and its customers [3] - Triumph Actuation Products & Services offers integrated solutions in design, development, manufacture, and support of complex hydraulic, electro-mechanical, and mechanical actuation components for the aerospace and defense industry [3][4] - Triumph Group serves the global aviation industry, including original equipment manufacturers and military and commercial aircraft operators [4]

DALLAS, July 30, 2024 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (Nasdaq: TFIN) is pleased to announce today the appointment of Mitchell Lee as chief risk and compliance officer. In his new role, Lee will be responsible for providing strategic oversight of the company's enterprise risk and compliance efforts. This includes driving the ongoing development of a comprehensive enterprise risk management framework across all divisions of Triumph Financial including TriumphPay, Triumph and TBK Bank. Schreyer sta ...

Live Webcast scheduled for 8:30 AM ET on August 7, 2024 RADNOR, Pa., July 23, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) will release first quarter fiscal year 2025 earnings on August 7, 2024, 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 First Quarter Fiscal Year 2025 Earnings Conference Call When: 8:30 a.m. ET on Wednesday, August 7, 2024 Where: http://www.triumphgroup.com How: Go to the web si ...

Core Viewpoint - Triumph Financial, Inc. has announced its second quarter 2024 financial results, with a conference call scheduled for July 18, 2024, to discuss these results with investors and analysts [1][2]. Company Overview - Triumph Financial, Inc. is a financial holding company based in Dallas, Texas, focusing on payments, factoring, and banking. Its portfolio includes brands such as TriumphPay, Triumph, and TBK Bank [3]. Conference Call Details - The conference call will be led by Vice Chairman & CEO Aaron P. Graft and CFO Brad Voss, starting at 9:30 a.m. central time on July 18, 2024 [1]. - Investors can access the live video conference through a specific link or by visiting the company's website. A dial-in option is also available for those who prefer to join via phone [2]. Additional Information - An archive of the conference call will be made available on the company's website after the event [2].

RADNOR, Pa., July 17, 2024 /PRNewswire/ -- Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] today announced its Geared Solutions business has been awarded a contract to provide the Auxiliary Gearbox from GE Aerospace for the F404 afterburning turbofan engine with potential future use on multiple applications, including the T7-A, T-50, and TAI Hurjet platforms. TRIUMPH is a long-standing engineering and manufacturing partner with GE on military and commercial gearbox applications. This work will be performed at TRI ...

"TRIUMPH took important strategic actions over the last year to create a more streamlined, value-added and IP-based business with a much stronger balance sheet," said Jim McCabe, TRIUMPH's senior vice president and chief financial officer. "These upgrades recognize our commitment to increasing shareholder value through the cycle of deleveraging benefits, supporting our multi-year targets for debt reduction, EBITDAP margin expansion, and free cash flow generation." Statements in this release which are not hi ...

ilbusca Triumph Financial Results Asset and Borrowing Yields 10% 9% 8% 7% 6% 5% 4% 3% 2% 1% -0% Q1 2019 Q2 2019 Q3 2019 Q4 2019 Q1 2020 Q2 2020 Q4 2020 Q3 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q2 2023 Q3 2023 Q4 2023 Q1 2023 Q1 2024 Asset Yield Borrowing Yield Bank Financials Despite the higher borrowing yields, Triumph Financial's interest expense declined in the first quarter. The bank's interest income did ease back, which led to the slight decline in net interest income (i ...

Company Overview - Triumph Group (TGI) is expected to report a quarterly loss of $0.03 per share, reflecting a year-over-year change of +70% [1] - Revenues for Triumph Group are anticipated to be $269.91 million, which is a decrease of 17.5% compared to the same quarter last year [1] - The consensus EPS estimate for Triumph Group has been revised 139.1% lower over the last 30 days [3] Stock Performance - Triumph Group shares increased by 7.3% to $15.10 in the last trading session, with a notable volume of shares traded [5] - The stock has gained 6.1% over the past four weeks [5] - Triumph Group currently holds a Zacks Rank of 3 (Hold) [2][4] Industry Context - Triumph Group operates within the Zacks Aerospace - Defense Equipment industry [7] - Boeing is reallocating engineers from its X-66A project to support the development of commercial programs, which has positively impacted TGI's share price [2] - Kratos (KTOS), another company in the same industry, closed 2.4% higher at $20.65, but has seen a -4.9% return over the past month [7]