TGI missed EPS expectations by 10.70%
Aug 07, 2024, 10:33 AM
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What does TGI do
Triumph Group, Inc., based in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs, and overhauls aerospace and defense systems, serving global aviation including OEMs and military/commercial operators. The company operates through two segments, Triumph Systems & Support, and Triumph Interiors, providing a range of products from hydraulic actuation to acoustic insulation systems.
Triumph Group (TGI) reported a negative EPS surprise in its most recent quarterly earnings. For the most recent quarter, Triumph Group's actual EPS was -$0.06, missing the estimate of -$0.05 per share, resulting in a -10.70% surprise.
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