Triumph Group Beats Estimates Yet Again
Triumph Group (NYS: TGI) reported earnings on Jan. 30. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q3), Triumph Group met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded slightly, and GAAP earnings per share expanded significantly.
Gross margins dropped, operating margins grew, net margins increased.
Triumph Group logged revenue of $826 million. The 13 analysts polled by S&P Capital IQ anticipated revenue of $832.6 million. Sales were 1.9% higher than the prior-year quarter's $810.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
Non-GAAP EPS came in at $1.29. The 12 earnings estimates compiled by S&P Capital IQ averaged $1.11 per share on the same basis. GAAP EPS of $1.27 for Q3 were 45% higher than the prior-year quarter's $0.88 per share.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 14.2%, 800 basis points worse than the prior-year quarter. Operating margin was 14.2%, 340 basis points better than the prior-year quarter. Net margin was 8.0%, 250 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $932.8 million. On the bottom line, the average EPS estimate is $1.27.
Next year's average estimate for revenue is $3.41 billion. The average EPS estimate is $4.53.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 223 members out of 231 rating the stock outperform, and eight members rating it underperform. Among 74 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 73 give Triumph Group a green thumbs-up, and one gives it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Triumph Group is buy, with an average price target of $67.69.
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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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