Triumph Group First Quarter Earnings Sneak Peek

Triumph Group Inc (NYSE:TGI) will unveil its latest earnings on Thursday, July 26, 2012. Triumph Group designs, engineers, manufactures and sells products for the aviation and aerospace industries.

Triumph Group Inc Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of $1.29 per share, a rise of 29% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from $1.24. Between one and three months ago, the average estimate moved up. It has risen from $1.27 during the last month. For the year, analysts are projecting net income of $5.61 per share, a rise of 12% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 26 cents, reporting profit of $1.57 per share against a mean estimate of net income of $1.31 per share.

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A Look Back: In the fourth quarter of the last fiscal year, profit rose more than twofold to $106.3 million ($2.03 a share) from $52.3 million ($1.05 a share) the year earlier, exceeding analyst expectations. Revenue rose 3% to $946.4 million from $919.1 million.

Stock Price Performance: From June 21, 2012 to July 20, 2012, the stock price rose $3.93 (7%), from $56.39 to $60.32. The stock price saw one of its best stretches over the last year between December 30, 2011 and January 10, 2012, when shares rose for seven straight days, increasing 5.4% (+$3.15) over that span. It saw one of its worst periods between April 2, 2012 and April 10, 2012 when shares fell for six straight days, dropping 8.5% (-$5.47) over that span.

Wall St. Revenue Expectations: On average, analysts predict $888.6 million in revenue this quarter, a rise of 5.1% from the year-ago quarter. Analysts are forecasting total revenue of $3.67 billion for the year, a rise of 7.6% from last year’s revenue of $3.41 billion.

Key Stats:

This upcoming earnings announcement will be a chance to build on positive earnings momentum over the last three quarters. Net income rose 40.8% in the second quarter of the last fiscal year and 47.6% in the third quarter of the last fiscal year before increasing again in the fourth quarter of the last fiscal year.

On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose more than twofold in the first quarter of the last fiscal year, 2.8% in the second quarter of the last fiscal year and 1.9% in the third quarter of the last fiscal year before increasing again in the fourth quarter of the last fiscal year of the last fiscal year.

Analyst Ratings: With 11 analysts rating the stock a buy, none rating it a sell and none rating the stock a hold, there are indications of a bullish stance by analysts.

Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 1.97 last quarter. The current ratio is an indication of a firm’s liquidity and ability to meet creditor demands and generally, for every dollar the company owes in the short term, it has that figure available in assets that can be converted to cash in the short term.

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(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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