Triumph Group

Triumph Group, Inc. engages in the designing, engineering, manufacturing, repairing and overhauling of aerospace and defense systems, components and structures. It operates through the following three segments: Triumph Integrated Systems, Triumph Aerospace Structures and Triumph Product Support. The Triumph Integrated Systems segment engages in designing, development and supporting proprietary components, subsystems and systems, as well as production of complex assemblies using external designs. The Triumph Aerospace Structures segment engages in supplying of commercial, business, regional and military manufacturers with large metallic and composite structures and produce close-tolerance parts. The Triumph Product Support segment provides full life cycle solutions for commercial, regional and military aircraft. The company was founded by Richard C. Ill in 1993 and is headquartered in Berwyn, PA.

Earnings data Q1 2024

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Triumph Group, Inc. engages in the designing, engineering, manufacturing, repairing, and overhauling of aerospace and defense systems, components and structures. It operates through the Triumph Systems and Support and Triumph Interiors segments. The Triumph Systems and Support segment designs, develops, and supports proprietary components, subsystems, and systems, produces complex assemblies using external designs, and provides full life cycle solutions for commercial, regional, and military aircraft. The Triumph Interiors segment supplies commercial and regional manufacturers with aircraft interior systems, including air ducting and thermal acoustic insulation systems. The company was founded by Richard C. Ill in 1993 and is headquartered in Radnor, PA.

Triumph Group plans to double its EBITDA from FY22 to FY25, driven by increased volumes, improved contract pricing, and the exit of loss-making programs. The Systems and Support segment is expected to grow, fueled by the recovery of commercial travel, while the Commercial Aero backlog provides visibility for near-term growth. TGI stock deserves to trade at a premium to peers, given it is expected to grow much faster than peers.

Triumph Group: Upside Catalyst Expected From Achieving FY25 Target

PARIS , June 21, 2023 /PRNewswire/ -- Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] today announced that its Actuation Products & Services business has entered into a Memorandum of Understanding (MOU) with Stirling Dynamics outlining their intent to collaborate on advancing opportunities in the electro-mechanical actuation market. The collaboration will include TRIUMPH's extensive design and manufacturing capabilities while utilizing Stirling Dynamics' state-of-the-art software and electrical engineering expertise.

TRIUMPH AND STIRLING DYNAMICS ENTER INTO MEMORANDUM OF UNDERSTANDING

PARIS , June 20, 2023 /PRNewswire/ -- Triumph Group, Inc. (TRIUMPH) (NYSE: TGI) announced that its Actuation Products & Services business has been awarded a grant from Innovate UK for the advances in the Landing for A New Decade One (LANDOne) program. In support of industry trends towards a more electric aircraft, TRIUMPH will develop key enabling technologies for the next generation of electro-mechanical actuation for commercial aircraft landing gear applications.

TRIUMPH AWARDED LANDING GEAR DEVELOPMENT PROGRAM FROM INNOVATE UK

PARIS , June 20, 2023 /PRNewswire/ -- Triumph Group, Inc., (TRIUMPH) (NYSE: TGI) today announced its Geared Solutions business has been selected by Piasecki Aircraft Corporation (PiAC) to design and build a prototype main transmission for PiAC's hydrogen powered PA-890 eVTOL compound helicopter. This project will begin this summer at TRIUMPH Geared Solutions in Park City, UT.

TRIUMPH SELECTED TO DESIGN AND BUILD MAIN TRANSMISSION PROTOTYPE FOR PIASECKI AIRCRAFT PA-890 HYDROGEN-POWERED EVTOL

PARIS , June 19, 2023 /PRNewswire/ -- Triumph Group, Inc. (TRIUMPH) [NYSE:TGI] today announced its Systems Electronics and Controls business in West Hartford, Connecticut has been awarded a multi-year contract from The Boeing Company on the AH-64 Apache Environmental Cooling System (ECS). The Environmental Control System (ECS) is comprised of multiple components and provides conditioned heating and cooling air for the Apache AH-64 crew stations and cooling air to the Extended Forward Avionics Bays (EFBs).

TRIUMPH AWARDED CONTRACT ON ENVIRONMENTAL COOLING SYSTEM FOR APACHE

Triumph Group (TGI) reported earnings 30 days ago. What's next for the stock?

Why Is Triumph Group (TGI) Down 0.1% Since Last Earnings Report?

WARRANTS MAY BE EXERCISED WITH CASH UNTIL 5:00 P.M. EDT ON JULY 5, 2023 RADNOR, Pa.

TRIUMPH ISSUES REDEMPTION NOTICE TO WARRANT HOLDERS

Triumph Group, Inc. is seeing promising margin expansion and industry forecasts for airplane production. This might be a stock you regret buying years from now. Current projections for Triumph Group stock, however, don't justify a buy due to its debt load.

Triumph Group: Bright Aerospace Prospects, Little Value Upside For The Stock

RADNOR, Pa. , June 7, 2023 /PRNewswire/ -- Triumph Group, Inc. ("TRIUMPH" or the "Company") (NYSE:TGI) today announced that, pursuant to the terms of the warrants ("Warrants") it previously issued, the Company intends to issue a notice of redemption to all Warrant holders on or about June 16, 2023.

TRIUMPH ANNOUNCES NOTICE TO WARRANT HOLDERS OF INTENDED REDEMPTION

RADNOR, Pa. , June 7, 2023 /PRNewswire/ -- Triumph Group, Inc. (TRIUMPH) [NYSE:TGI] is pleased to announce that its Product Support facility in Wellington, Kansas has been awarded the 2022 Most Improved Supplier from Collins Aerospace Power & Controls.

TRIUMPH AWARDED MOST IMPROVED SUPPLIER OF THE YEAR

NEW DELHI & SEATTLE--(BUSINESS WIRE)--Triumph Group, the world's leading intimate apparel company, has signed a two-year partnership with ZS, a global management consulting and technology firm, to design and deliver personalized interventions for customer engagement by deploying Personalize.AI, ZS's state-of-the-art, artificial-intelligence-driven, software-as-a-service product. Through this partnership, Triumph is harnessing the power of AI-enabled technologies to increase customer engagement.

Triumph Group Partners with ZS to Deliver Personalized Customer Experience via State-of-the-Art SaaS Product, Personalize.AI

RADNOR, Pa., May 30, 2023 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today announced the following changes to its Board of Directors as part of the Board's ongoing refreshment program: Patrick E.

TRIUMPH ADVANCES BOARD REFRESHMENT

RADNOR, Pa. , May 23, 2023 /PRNewswire/ -- Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] today announced that its Geared Solutions business has been awarded a long term agreement from General Electric (GE) on the Inlet Gearboxes (IGB) for LEAP-1A, LEAP-1B and LEAP-1C programs.

TRIUMPH AWARDED LONG TERM LEAP CONTRACT WITH GENERAL ELECTRIC

The engineering company unveiled its final set of quarterly earnings for its fiscal 2023. They trounced analyst expectations for both revenue and profitability.

Why Triumph Group Stock Triumphed This Week

Triumph Group's (TGI) fiscal Q4 net sales beat the Zacks Consensus Estimate by 13.3%. The top line also improves 1.7% from $386.7 million in the year-ago quarter.

Triumph Group (TGI) Q4 Earnings Top Estimates, Sales Rise Y/Y

Triumph Group, Inc. (NYSE:TGI ) Q4 2023 Earnings Conference Call May 17, 2023 8:30 AM ET Company Participants Dan Crowley - Chairman, President & CEO Jim McCabe - SVP & CFO Tom Quigley - VP, IR, Mergers & Acquisitions, and Treasurer Conference Call Participants Sheila Kahyaoglu - Jefferies Peter Arment - Baird Myles Walton - Wolfe Research Ron Epstein - Bank of America Michael Ciarmoli - Truist Securities Jack Ayers - TD Cowen Noah Poponak - Goldman Sachs Operator Good morning, and welcome to the Triumph Group's Fourth Quarter Fiscal Year 2023 Results Conference Call. All participants will be in listen-only mode for the duration of the call.

Triumph Group, Inc. (TGI) Q4 2023 Earnings Call Transcript

Triumph reported quarterly results that beat expectations. The company has been trying to execute a turnaround for nearly a decade, but it has run into a lot of obstacles.

Why Triumph Group Stock Is Up Big Today

The headline numbers for Triumph Group (TGI) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Triumph Group (TGI) Reports Q4 Earnings: What Key Metrics Have to Say

Triumph Group (TGI) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.39 per share a year ago.

Triumph Group (TGI) Q4 Earnings and Revenues Top Estimates

PROVIDES FISCAL YEAR 2024 GUIDANCE RADNOR, Pa. , May 17, 2023 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today reported financial results for its fourth quarter and fiscal 2023, which ended March 31, 2023.

TRIUMPH REPORTS FOUTH QUARTER FISCAL 2023 RESULTS

RADNOR, Pa. , May 15, 2023 /PRNewswire/ -- Triumph Group, Inc. (TRIUMPH) (NYSE: TGI) today announced that its Product Support business in Grand Prairie, Texas has been awarded a multi-year contract with ITP Aero, a tier one engine Original Equipment Manufacturer (OEM), to provide Maintenance, Repair and Overhaul (MRO) support on accessory components including propeller gearboxes, hydromechanical units, oil scavenge and fuel boost pumps, anti-icing and overspeed drain valves.

TRIUMPH AWARDED MULTI YEAR CONTRACT FROM ITP AERO

RADNOR, Pa. , May 12, 2023 /PRNewswire/ -- Triumph Group, Inc. (TRIUMPH) [NYSE:TGI] today announced that its Systems, Electronics and Controls business has completed work on the Environmental Control and Life Support Systems (ECLSS) contract with Collins Aerospace, a Raytheon Technologies business.

TRIUMPH PROVIDES HEAT EXCHANGERS FOR NASA'S ORION CAPSULE

Triumph Group (TGI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Triumph Group (TGI) Q4 Earnings Expected to Decline

RADNOR, Pa. , May 10, 2023 /PRNewswire/ -- Triumph Group, Inc., (TRIUMPH) (NYSE:TGI) and Moog Inc. have entered into a five-year agreement to provide maintenance, repair and overhaul (MRO) solutions for Boeing 787 landing gear and cargo door actuation control systems through the Moog Total Support Program (MTS) for an Asia Pacific operator who has more than 40 Boeing 787's in service today.

TRIUMPH AND MOOG ENTER INTO 787 MRO AGREEMENT

Live Webcast scheduled for 8:30 AM ET on May 17, 2023 RADNOR, Pa. , May 2, 2023 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) will release fourth quarter fiscal year 2023 earnings on May 17, 2023, and will host a conference call that day at 8:30 a.m.

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