NYSE$TGI

Triumph Group Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Margins and cash flow improved.

Triumph Group reported third quarter fiscal year 2022 results with net sales of $319.2 million and operating income of $28.2 million. Net income was $7.2 million, or $0.11 per diluted share. Cash flow provided by operations was $15.5 million and free cash flow was $7.2 million.

  • Net sales of $319.2 million
  • Operating income of $28.2 million with operating margin of 9%; adjusted operating income of $32.8 million with adjusted operating margin of 10%
  • Net income of $7.2 million, or $0.11 per diluted share; adjusted net income of $13.8 million, or $0.21 per diluted share
  • Cash flow provided by operations of $15.5 million; free cash flow of $7.2 million

Headline financials

Total Revenue

$319M

Previous: $426M-25.1%
EPS (adj)

$0.21

Previous: $0.09+133.3%
Free Cash Flow

$7.2M

Previous: $37.7M-80.9%
Net Income

$7.2M

Previous: -$68.1M+110.6%
Operating Income

$28.2M

Previous: -$35M+180.6%
Gross Profit

$86.9M

Previous: $85.2M+2.0%
Cash & Equivalents

$206M

Previous: $477M-56.8%
Total Assets

$1.75B

Previous: $2.4B-27.0%
Stock-Based Comp

$2.59M

Previous: $3.68M-29.5%

Revenue & EPS history

Triumph Group · Revenue · Quarterly

$319M

Q3 2022-25.1%vs Q3 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 expects net sales for fiscal year 2022 will be approximately $1.5 billion. The Company is updating its expected GAAP fiscal year 2022 earnings per diluted share of ($0.10) to $0.00 and expects adjusted earnings per diluted share to $0.80 to $0.90. The Company expects fiscal year 2022 cash used in operations of approximately $125.0 million and free cash use of approximately $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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