Triumph Group Reports Third Quarter Fiscal 2019 Results
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Triumph Group (TGI) Tops Q3 EPS by 1c, Revenues Miss; Reaffirms FY19 EPS/Revenue Guidance
February 7, 2019 6:02 AM ESTTriumph Group (NYSE: TGI) reported Q3 EPS of $0.42, $0.01 better than the analyst estimate of $0.41. Revenue for the quarter came in at $807.9 million versus the consensus estimate of $830.32 million.
Net sales were $807.9 million.
Operating loss was ($16.9) million. On an adjusted basis, operating income was $37.6 million.
Net loss was ($30.9) million, or ($0.62) per share. On an adjusted basis, net income was $21.1 million, or $0.42 per diluted share.
Cash flow from operations was $4.1 million, and free cash use was ($6.5) million.
Management reaffirms guidance for fiscal year 2019 net sales, EPS and cash usage.
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