NYSE$TGI

Triumph Group Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Triumph Group reported results with increased net sales, earnings, and cash flow guidance.

Triumph Group reported a net sales of $354.1 million and an operating income of $34.3 million. The company raised its full year guidance, expecting profitable growth.

  • Net sales reached $354.1 million with 16% organic sales growth.
  • Operating income was $34.3 million with a 9.7% operating margin.
  • Net loss was ($1.3) million, or ($0.02) per share; adjusted net income of $0.9 million, or $0.01 per diluted share
  • Backlog increased by 15% from the prior fiscal year end, reaching $1.82 billion.

Headline financials

Total Revenue

$354M

Previous: $308M+15.1%
EPS (adj)

$0.01

Previous: $0.07-85.7%
Adj. EBITDAP Margin

13.1%

No prior period
Capital Expenditures

-$4.63M

No prior period
Free Cash Flow

-$36.8M

Previous: -$23.5M-56.6%
Net Income

-$1.3M

Previous: $107M-101.2%
Operating Income

$34.3M

Previous: $132M-74.1%
Gross Profit

$92.7M

Previous: $99.5M-6.9%
Cash & Equivalents

$170M

Previous: $104M+62.6%
Total Assets

$1.67B

Previous: $1.57B+6.7%

Revenue & EPS history

Triumph Group · Revenue · Quarterly

$354M

Q2 2024+15.1%vs Q2 2023
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

Triumph Group raised net sales guidance to a range of $1.43 billion to $1.47 billion, updated operating income to a range of $152.0 million to $167.0 million, and raised adjusted EBITDAP to a range of $216.0 million to $231.0 million.

Tailwinds

  • Net sales are expected to be in the range of $1.43B to $1.47B, reflecting 10-13% organic growth.
  • Operating income is projected to be in the range of $152.0M to $167.0M, with an 11% operating margin.
  • Adjusted EBITDAP is anticipated to be in the range of $216.0M to $231.0M, with a 15-16% adjusted EBITDAP margin.
  • Cash flow from operations is expected to be in the range of $65.0M to $85.0M.
  • Free cash flow is projected to be in the range of $40.0M to $55.0M.

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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