Triumph Group, Inc. First Quarter Earnings Preview

Triumph Group, Inc. (NASDAQ:TGI) will unveil its latest earnings on Thursday, July 28, 2011. Triumph Group, Inc. designs, engineers, manufactures and sells products for the global aerospace original equipment manufacturers of aircraft and aircraft components and repairs and overhauls aircraft components and accessories. United Technologies Earnings: Five Straight Quarters of Double-Digit Growth>>

Triumph Group, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 85 cents per share, a rise of 26.9% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 88 cents. Between one and three months ago, the average estimate moved down, but has risen from 84 cents during the last month. For the year, analysts are projecting profit of $4.24 per share, a rise of 25.1% from last year.

Past Earnings Performance: The company met estimates last quarter after beating the forecasts in the prior two. In the fourth quarter of the last fiscal year, the company reported net income of 94 cents per share versus a mean estimate of profit of 94 cents per share. In the third quarter of the last fiscal year, the company beat estimates by 2 cents.

Get more Earnings Cheat Sheets with our in depth coverage of earnings season >>

Wall St. Revenue Expectations: On average, analysts predict $805.4 million in revenue this quarter, a rise of 98.2% from the year ago quarter. Analysts are forecasting total revenue of $3.46 billion for the year, a rise of 18.9% from last year’s revenue of $2.91 billion.

Analyst Ratings: Analysts are bullish on this stock with 11 analysts rating it as a buy, none rating it as a sell and one rating it as a hold.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of more than twofold, with the biggest boost coming in the most recent quarter when revenue rose more than twofold from the year earlier quarter.

The company has now seen net income rise in three straight quarters. In the fourth quarter of the last fiscal year, net income rose more than twofold while it rose more than sevenfold in the third quarter of the last fiscal year and more than twofold in the second quarter of the last fiscal year.

Competitors to Watch: Goodrich Corporation (NYSE:GR), United Technologies Corp. (NYSE:UTX), Honeywell Intl. Inc. (NYSE:HON), Spirit AeroSystems Hldgs., Inc. (NYSE:SPR), HEICO Corporation (NYSE:HEI), The Boeing Company (NYSE:BA), T.A.T. Technologies Ltd. (NASDAQ:TATT), SIFCO Industries, Inc. (AMEX:SIF), Esterline Tech. Corp. (NYSE:ESL), and EDAC Technologies Corp. (NASDAQ:EDAC).

Stock Price Performance: During April 27, 2011 to July 22, 2011, the stock price had risen $10.96 (26%) from $42.20 to $53.16. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011 when shares rose for nine-straight days, rising 7.7% (+$3.70) over that span. It saw one of its worst periods between April 6, 2011 and April 14, 2011 when shares fell for seven-straight days, falling 7.8% (-$3.41) over that span. Shares are up $8.50 (+19%) year to date.

(Source: Xignite Financials)

Get more Earnings Cheat Sheets with our in depth coverage of earnings season >>