Triumph Group, Inc. (NYSE: TGI) announced that, as a result of a recent and favorable settlement with Boeing Commercial Airplanes related to pricing on its Interiors contracts, The company will delay the issuance of its second quarter of fiscal 2025 results.
The investor conference call previously scheduled for Monday, November 4, 2024 postponed to Tuesday, November 12, 2024 at 8:30 a.m. ET, as additional time is required to finalize the accounting for this Interiors contract.
The financial experts on Wall Street are predicting that the establishment will likely report an estimated $0.01 profit per share for the second quarter. Additionally, it is anticipated that the company will reveal a $283.09 million revenue during the quarter.
In the same three months of the year before, the company made income of $0.01 per share, as shown in their financial report. This number came from the total revenue of $354.06 million that the company earned in that particular quarter.
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Friday’s trading saw Triumph Group (TGI) shares hit a low of $13.65 and a high of $14.23, with a day volume of 857.10 thousand shares. The stock closed the regular trading session at $13.73, showing 0.79 percent drop.
