Triumph Group Inc. Earnings Retreat 5% In Q3

(RTTNews) - Triumph Group Inc. (TGI) revealed a profit for third quarter that lost ground compared to the same period last year.

The company said its bottom line declined to $68.63 million, or $1.39 per share. This was lower than $72.09 million, or $1.42 per share, in last year's third quarter.

Analysts had expected the company to earn $1.38 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.4% to $913.87 million. This was down from $917.42 million last year.

Triumph Group Inc. earnings at a glance:

-Earnings (Q3): $68.63 Mln. vs. $72.09 Mln. last year. -Earnings Decline (Y-o-Y): -4.8% -EPS (Q3): $1.39 vs. $1.42 last year. -EPS Decline (Y-o-Y): -2.1% -Analysts Estimate: $1.38 -Revenue (Q3): $913.87 Mln vs. $917.42 Mln last year. -Revenue Change (Y-o-Y): -0.4%