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Triumph Group: Fiscal Q2 Earnings Snapshot

Associated Press Finance
·1-min read

BERWYN, Pa. (AP) — BERWYN, Pa. (AP) — Triumph Group Inc. (TGI) on Tuesday reported a loss of $1.3 million in its fiscal second quarter.

On a per-share basis, the Berwyn, Pennsylvania-based company said it had a loss of 2 cents. Earnings, adjusted for restructuring costs and non-recurring costs, were 1 cent per share.

The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 1 cent per share.

The aircraft supplier posted revenue of $354.1 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $335.4 million.

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Triumph Group expects full-year revenue in the range of $1.43 billion to $1.47 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TGI at https://www.zacks.com/ap/TGI