NYSE$TGI

Triumph Group Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported improved margins and cash flow, raised adjusted earnings guidance.

Triumph Group reported second quarter fiscal year 2022 results with improved margins and cash flows. The company secured over $1 billion in new contracts and invested in its newly formed joint venture with Air France Industries KLM Engineering & Maintenance, xCelle Americas.

  • Net sales of $357.4 million
  • Operating income of $16.5 million with operating margin of 5%; adjusted operating income of $28.0 million with adjusted operating margin of 8%
  • Net loss of $9.1 million, or ($0.14) per share; adjusted net income of $6.4 million, or $0.10 per diluted share
  • Cash flow used in operations of $36.0 million; free cash use of $41.4 million

Headline financials

Total Revenue

$357M

Previous: $482M-25.8%
EPS (adj)

$0.10

Previous: -$0.08+225.0%
Adj. EBITDAP Margin

10.0%

No prior period
Free Cash Flow

-$41.4M

Previous: -$47.3M+12.5%
Net Income

-$9.1M

Previous: -$33.5M+72.8%
Operating Income

$16.5M

Previous: $7.42M+122.3%
Gross Profit

$95.1M

Previous: $99.7M-4.7%
Cash & Equivalents

$194M

Previous: $440M-55.9%
Total Assets

$1.8B

Previous: $2.53B-28.9%
Stock-Based Comp

$2.83M

Previous: $2.62M+7.8%

Revenue & EPS history

Triumph Group · Revenue · Quarterly

$357M

Q2 2022-25.8%vs Q2 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Triumph Group · $35.3M total across 1 segment · Q2 2024

  • Interiors
    $35.3M

Forward guidance

The Company continues to expect GAAP fiscal year 2022 earnings per diluted share of ($0.15) to $0.05 and updated its adjusted earnings per diluted share to $0.68 to $0.88, up $0.27 from prior guidance. The Company continues to expect fiscal year 2022 cash used in operations of $110.0 million to $125.0 million and free cash use of $135.0 million to $150.0 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 6 quarterly earnings reports

Historical avg

-0.1%

Avg return

Earnings day

-3.2%

Avg return

5 days after

-1.6%

Avg return

30 days after

48%

31 / 65 earnings

Positive

+39.8%

Q4 2017

Best reaction

-34.9%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q4 2025+0.5%+0.4%+0.2%
Q3 2025+0.0%+0.7%+0.6%
Q2 2025+12.5%+10.8%+14.7%
Q1 2025-11.7%-15.5%-15.3%
Q4 2024-6.8%-6.5%+0.8%
Q3 2024-8.7%-8.9%-10.8%
Q2 2024+16.3%
Q1 2024-26.3%
Q4 2023+15.5%
Q3 2023+7.3%
Q2 2023+20.6%
Q1 2023-11.4%
Q4 2022-34.9%
Q3 2022+2.7%
Q2 2022-2.6%
Q1 2022-8.0%
Q4 2021-8.1%
Q3 2021+17.1%
Q2 2021+4.3%
Q1 2021+5.4%
Q4 2020-8.4%
Q3 2020+5.3%
Q2 2020+21.7%
Q1 2020+13.3%
Q4 2019-2.2%
Q3 2019+9.7%
Q2 2019+1.2%
Q1 2019+18.2%
Q4 2018-8.5%
Q3 2018-11.3%
Q2 2018-0.2%
Q1 2018-25.1%
Q4 2017+39.8%
Q3 2017+5.5%
Q2 2017+4.8%
Q1 2017-21.6%
Q4 2016+3.8%
Q3 2016-16.0%
Q2 2016+4.6%
Q1 2016-9.3%
Q4 2015+13.9%
Q3 2015-7.1%
Q2 2015+6.7%
Q1 2015-0.5%
Q4 2014-0.6%
Q3 2014-11.8%
Q2 2014-1.2%
Q1 2014-7.4%
Q4 2013-7.4%
Q3 2013-1.7%
Q2 2013+6.2%
Q1 2013-2.8%
Q4 2012+4.6%
Q3 2012+2.3%
Q2 2012-2.7%
Q1 2012+2.2%
Q4 2009+0.8%
Q4 2011+0.8%
Q3 2010+0.3%
Q3 2011+0.3%
Q2 2010-0.9%
Q2 2011-0.9%
Q4 2010-2.1%
Q1 2010-2.1%
Q1 2011-2.1%

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