Triumph Group Inc. Bottom Line Retreats 27% In Q3

(RTTNews) - Triumph Group Inc. (TGI) revealed earnings for third quarter that declined compared to the same period last year.

The company said its bottom line fell to $50.12 million, or $1.01 per share. This was down from $68.63 million, or $1.39 per share, in last year's third quarter.

Analysts had expected the company to earn $0.86 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 7.6% to $844.86 million. This was down from $913.87 million last year.

Triumph Group Inc. earnings at a glance:

-Earnings (Q3): $50.12 Mln. vs. $68.63 Mln. last year. -Earnings Decline (Y-o-Y): -27.0% -EPS (Q3): $1.01 vs. $1.39 last year. -EPS Decline (Y-o-Y): -27.3% -Analysts Estimate: $0.86 -Revenue (Q3): $844.86 Mln vs. $913.87 Mln last year. -Revenue Change (Y-o-Y): -7.6%

-Guidance: Full year EPS guidance: $3.15 - $3.45 Full year revenue guidance: $3.5 - $3.6 Bln