Alert: New Earnings Report (8/7/24)-Triumph Group Inc. (NYSE: TGI).

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Triumph Group Inc. (NYSE: TGI) has reported E.P.S. of $-0.24 for its first fiscal quarter (ending June 30) versus $-0.33 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $-0.40 versus $0.95 for the same period a year ago — a decline of -142%.

Recent Price Action

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Triumph Group Inc. (NYSE: TGI) stock closed at $13.00 on 8/7/24 after a major decline of -15.3%. Moreover, trading volume in this decline was exceptionally high at 261% of normal. The stock has declined -20.0% during the last week but has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, TGI is expected to be a major Value Eraser.

Triumph Group is currently unrated.

Rating Review

The stock is currently unrated.

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