Investing.com - Triumph reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Triumph announced earnings per share of $0.07 on revenue of $307.6M. Analysts polled by Investing.com anticipated EPS of $0.00 on revenue of $298.24M.
Triumph shares are down 35% from the beginning of the year , still down 56.16% from its 52 week high of $27.85 set on Friday, March 25, 2022.
Triumph shares gained 28.39% in intra-day trade the report.
Triumph follows other major Industrials sector earnings this month
Triumph's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.59B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Honeywell had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $2.25 on revenue of $8.95B, compared to forecast for EPS of $2.16 on revenue of $8.99B.
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