Triumph Group Q1 Profit Rises - Quick Facts

(RTTNews) - Triumph Group, Inc. (TGI) Thursday reported first-quarter profit of $79.0 million or $1.50 per share, up from $76.3 million or $1.46 per share in the same period last year.

On average, 14 analysts polled by Thomson Reuters expected the company to earn $1.55 per share for the quarter. Analysts' estimates typically exclude special items.

Sales improved 6 percent to $943.7 million from $887.7 million last year. Organic sales for the quarter decreased two percent. Analysts expected revenues of $966.33 million.

Looking ahead to the fiscal year 2014, the company has reaffirmed its earnings guidance range $5.65 to $5.75 per share and revenue outlook range of $3.8 billion to $4.0 billion. Analysts currently expect the company to report full-year earnings of $6.44 per share on revenues of $3.94 billion.