TGI Stock Recent News
TGI LATEST HEADLINES
Triumph Group has sold a business unit to reduce its debt and avoid diluting shareholders. The company's cash generation and cash pile were not sufficient to cover its maturing debt. The debt reduction has improved Triumph Group's financial position and makes its stock more attractive.
Triumph Group's (TGI) fiscal Q3 sales improve year over year due to an increase in commercial OEM sales. However, the company lowers its net sales guidance for fiscal 2024.
Triumph Group, Inc. (TGI) Q3 2024 Earnings Call Transcript
Triumph reported an unexpected loss in the quarter and provided tepid guidance for the remainder of the fiscal year. The company's turnaround plan, including a key divestiture, remains on track, but patience is needed.
Although the revenue and EPS for Triumph Group (TGI) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Triumph Group (TGI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Live Webcast scheduled for 8:30 AM ET on February 7, 2024 RADNOR, Pa. , Jan. 22, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) will release third quarter fiscal year 2024 earnings on February 7, 2024, and will host a conference call that day at 8:30 a.m.
Triumph Group (TGI) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Triumph Group, Inc. (TGI) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, TGI's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.
Triumph Group (TGI) is set to benefit from the divestiture of its Product Support business through debt reduction and better capital allocation.