Triumph Group Inc. (TGI) announced that its second-quarter net income was $19.5 million or $1.17 per share, compared to $24.0 million, or $1.44 per share, for the second quarter of the prior year. Income from continuing operations for the second quarter of fiscal year 2010 was $20.7 million, or $1.25 per share, versus $25.1 million, or $1.51 per share, for the second quarter of the prior year.
Net sales for the second quarter totaled $313.1 million, down 3% from $323.4 million in the year-ago quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $1.18 per share on revenues of $312.41 million for the quarter. Analysts' estimates typically exclude special items.
The company reaffirmed its fiscal 2010 earnings per share from continuing operations outlook to be about $5.00 per share.Analysts expect the company to report earnings of $5.03 per share for fiscal 2010.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.