Triumph Profit Meets Estimate, Revenue Beats; Reaffirms FY Guidance

(RTTNews) - Triumph Group Inc (TGI) Wednesday reported second-quarter net earnings of $67.4 million or $1.32 per share compared with $49.5 million or $0.94 per share last year.

Excluding items, adjusted earnings for the quarter were $1.42 per share.

Revenues for the quarter were $994 million compared with $967 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $1.42 per share on revenues of $968 million for the quarter. Analysts' estimates typically exclude special items.

For the full year 2015, the company still expects adjusted earnings of $5.75 to $5.90 per share on revenues of $3.8 billion to $3.9 billion. Analysts expect earnings of $5.84 per share on revenues of $3.85 billion.

Triumph Group, based in Berwyn, Pennsylvania, makes aerostructures, aircraft components, subassemblies and systems.