Triumph Group Inc. (TGI) reported a profit for its fourth quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $28.49 million, or $0.36 per share. This compares with $5.46 million, or $0.07 per share, last year.
Excluding items, Triumph Group Inc. reported adjusted earnings of $37.48 million or $0.48 per share for the period.
Analysts on average had expected the company to earn $0.38 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 5.4% to $377.895 million from $358.587 million last year.
Triumph Group Inc. earnings at a glance (GAAP) :
-Earnings: $28.49 Mln. vs. $5.46 Mln. last year.
-EPS: $0.36 vs. $0.07 last year.
-Revenue: $377.895 Mln vs. $358.587 Mln last year.
For comments and feedback: editorial@rttnews.com