Latest news for Triumph Group (NYSE:TGI) Stock

Triumph Group

Triumph Group Inc designs and manufactures a broad portfolio of aerostructures, aircraft components, and systems for the aviation industry. It serves a customer base of players in the commercial, business, and military markets. The company operates under two operating segments: Systems and Support, which derives key revenue and designs, develops, and supports proprietary components; and Interiors, which supplies commercial and regional manufacturers with aircraft interior systems.

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Pre-market: 5 titoli da monitorare oggi, 8 agosto 2024

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5b3249a8d1c31b00019b9fb4/gabe-hajde">Wells Fargo analyst Gabe Hajde</a> downgraded the rating for Sonoco Products Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SON#NYSE">SON</a>) from Equal-Weight to Underweight and lowered the price target from $54 to $52. Sonoco shares fell 0.5% to close at $50.57 on Tuesday. <a href="https://www.benzinga.com/quote/SON/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B. Riley Securities analyst Jeff Van Sinderen downgraded Iteris, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ITI#NASDAQ">ITI</a>) from Buy to Neutral and slashed the price target from $8 to $7.2. Iteris shares gained 0.4% to close at $7.06 on Tuesday. S<a href="https://www.benzinga.com/quote/ITI/analyst-ratings">ee how other analysts view this stock.</a></li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5910a1d1290fa70001bee784/kenneth-bruce">B of A Securities analyst Kenneth Bruce</a> downgraded American Express Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) from Buy to Neutral and maintained the price target of $263. American Express shares fell 0.4% to close at $253.08 on Tuesday. <a href="https://www.benzinga.com/quote/AXP/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Truist Securities analyst Michael Ciarmoli downgraded the rating for Triumph Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) from Buy to Hold, while cutting the price target from $17 to $15. Triumph shares fell 1.9% to settle at $13.41 on Tuesday. <a href="https://www.benzinga.com/quote/TGI/analyst-ratings">See how other analysts view this stock.</a></li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58ac8cd8b85e930001f970ac/boris-peaker">TD Cowen analyst Boris Peaker </a>downgraded the rating for Aadi Bioscience, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AADI#NASDAQ">AADI</a>) from Buy to Hold. Aadi Bioscience shares gained 3.9% to close at $1.62 on Tuesday. <a href="https://www.benzinga.com/quote/AADI/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
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Considering buying AXP stock? Here&#8217;s what analysts think: 
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Truist Securities analyst Michael Ciarmoli downgrades Triumph Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) from Buy to Hold and lowers the price target from $17 to $15.

Truist Securities Downgrades Triumph Group to Hold, Lowers Price Target to $15

Goldman Sachs analyst Noah Poponak downgrades Triumph Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) from Buy to Neutral and lowers the price target from $19 to $15.

Goldman Sachs Downgrades Triumph Group to Neutral, Lowers Price Target to $15

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page.</a>
<ul>
<li>Truist Securities cut the price target for Hyatt Hotels Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) from $168 to $164. Truist Securities analyst Patrick Scholes maintained a Buy rating. Hyatt shares gained 1.3% to close at $135.14 on Friday. <a href="https://www.benzinga.com/quote/H/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Cantor Fitzgerald lowered the price target for CleanSpark, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) from $28 to $23. Cantor Fitzgerald analyst Brett Knoblauch maintained the stock with an Overweight rating. CleanSpark shares fell 6.3% to close at $11.46 on Friday. <a href="https://www.benzinga.com/quote/CLSK/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays cut Triumph Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) price target from $18 to $16. Barclays analyst Kannan Venkateshwar maintained an Overweight rating. Triumph Group shares fell 0.6% to close at $13.48 on Friday. <a href="https://www.benzinga.com/quote/TGI/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Stifel boosted the price target for PureCycle Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCT#NASDAQ">PCT</a>) from $7 to $8. Stifel analyst Michael Hoffman maintained a Buy rating. PureCycle Technologies shares fell 10.6% to close at $5.64 on Friday. <a href="https://www.benzinga.com/quote/PCT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JP Morgan raised CarGurus, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CARG#NASDAQ">CARG</a>) price target from $29 to $32. JP Morgan analyst Rajat Gupta maintained an Overweight rating. CarGurus shares rose 20.3% to close at $26.94 on Friday. <a href="https://www.benzinga.com/quote/CARG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>DA Davidson cut Hillenbrand, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HI#NYSE">HI</a>) price target from $54 to $33 DA Davidson analyst Matt Summerville downgraded the stock from Buy to Neutral. Hillenbrand shares fell 1.2% to close at $35.99 on Friday. <a href="https://www.benzinga.com/quote/HI/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Deutsche Bank increased the price target for Eli Lilly and Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) from $725 to $1,025. Deutsche Bank analyst James Shin upgraded the stock from Hold to Buy. Eli Lilly shares gained 5.5% to close at $891.68 on Friday. <a href="https://www.benzinga.com/quote/LLY/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Canaccord Genuity cut Plug Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) price target from $3 to $2.5. Canaccord Genuity analyst George Gianarikas maintained a Hold rating. Plug Power shares fell 5.3% to close at $1.97 on Friday. <a href="https://www.benzinga.com/quote/PLUG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird boosted The Trade Desk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) price target from $110 to $130. Baird analyst Vikram Kesavabhotla maintained an Outperform rating. Trade Desk shares rose 12.5% to close at $99.30 on Friday. <a href="https://www.benzinga.com/quote/TTD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler boosted Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) price target from $20 to $23. Piper Sandler analyst Patrick Moley upgraded the stock from Neutral to Overweight. Robinhood shares gained 1.1% to close at $17.92 on Friday. <a href="https://www.benzinga.com/quote/HOOD/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
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Barclays analyst Kannan Venkateshwar maintains Triumph Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) with a Overweight and lowers the price target from $18 to $16.

Barclays Maintains Overweight on Triumph Group, Lowers Price Target to $16

Jefferies analyst Sheila Kahyaoglu downgrades Triumph Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) from Buy to Hold and announces $14 price target.

Jefferies Downgrades Triumph Group to Hold, Announces $14 Price Target

Truist Securities analyst Michael Ciarmoli maintains Triumph Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) with a Buy and lowers the price target from $22 to $17.

Truist Securities Maintains Buy on Triumph Group, Lowers Price Target to $17

WIIM

Triumph Group shares are trading lower after the company reported worse-than-expected Q1 adjusted EPS results and issued FY25 revenue guidance below estimates.

Guidance

Triumph Group Sees FY25 Revenue Of $1.2B Vs $1.224B Est., Adj. EPS Of $0.52 Vs. $0.48 Est.

Triumph Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) reported quarterly losses of $(0.06) per share which missed the analyst consensus estimate of $(0.05) by 20 percent. The company reported quarterly sales of $281.000 million which beat the analyst consensus estimate of $269.975 million by 4.08 percent. This is a 14.11 percent decrease over sales of $327.145 million the same period last year.

Earnings Beats

Earnings Misses

Triumph Group Q1 2025 Adj. EPS $(0.06) Misses $(0.05) Estimate, Sales $281.000M Beat $269.975M Estimate

Triumph Group, Inc. (TRIUMPH) [NYSE:&nbsp;TGI] today announced that its Actuation Products &amp; Services business extended their repair and technical support agreement with&nbsp;Lockheed Martin as part of the F-35 Joint Strike Fighter fleet readiness support. TRIUMPH's Clemmons, North Carolina facility will provide engineering and material support for the program over the next five years.
TRIUMPH has provided original equipment and aftermarket Hydraulic Utility Actuation Valves (HUAV) for the F-35 program since 2014. The company began working with Lockheed Martin to provide HUAV aftermarket parts for military depot operations in 2021. The engineering and logistics agreement in support of sustainment efforts at MCAS Cherry Point will further showcase TRIUMPH's technical capability in high demand depot settings.

Triumph Extended Their Repair And Technical Support Agreement With Lockheed Martin As Part Of The F-35 Joint Strike Fighter Fleet Readiness Support

Management

Triumph Group Appoints Mike Boland COO

Triumph Group, Inc., (TRIUMPH) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) today announced its Geared Solutions business has been awarded a contract to provide the Auxiliary Gearbox from GE Aerospace for the F404 afterburning turbofan engine with potential future use on multiple applications, including the T7-A, T-50, and TAI Hurjet platforms. TRIUMPH is a long-standing engineering and manufacturing partner with GE on military and commercial gearbox applications. This work will be performed at TRIUMPH's facility in Macomb, Michigan.&nbsp;&nbsp;

Contracts

Triumph Group Has Been Awarded A Contract To Provide The Auxiliary Gearbox From GE Aerospace For The F404 Afterburning Turbofan Engine With Potential Future Use On Multiple Applications

Barclays analyst Kannan Venkateshwar maintains Triumph Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) with a Overweight and lowers the price target from $20 to $18.

Barclays Maintains Overweight on Triumph Group, Lowers Price Target to $18

TD Cowen analyst Cai von Rumohr downgrades Triumph Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) from Buy to Hold and lowers the price target from $19.5 to $14.

TD Cowen Downgrades Triumph Group to Hold, Lowers Price Target to $14

Truist Securities analyst Michael Ciarmoli maintains Triumph Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) with a Buy and lowers the price target from $27 to $22.

Truist Securities Maintains Buy on Triumph Group, Lowers Price Target to $22

U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling more than 550 points on Thursday.
The Dow traded down 1.44% to 39,098.81 while the NASDAQ fell 0.39% to 16,735.32. The S&amp;P 500 also fell, dropping, 0.69% to 5,270.47.
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Leading and Lagging Sectors Information technology shares rose by 1.5% on Thursday.
In trading on Thursday, real estate shares fell by 1.3%.
Top Headline
BJ's Wholesale Club Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BJ#NYSE">BJ</a>) reported better-than-expected results for its first quarter on Thursday.
The company posted quarterly revenue growth of 4.1% year-on-year to $4.918 billion, beating the analyst consensus estimate of $4.831 billion. Total comparable club sales increased by 1.6%. Adjusted EPS of 85 cents beat the analyst consensus estimate of 83 cents.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>OneMedNet Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONMD#NASDAQ">ONMD</a>) shares shot up 141% to $1.14 after the company highlighted a &#8216;five-fold expansion&#8217; of its iRWD network and platform.</li>
<li>Shares of Bicycle Therapeutics plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCYC#NASDAQ">BCYC</a>) got a boost, surging 18% to $25.24 after the company announced a $555 million private placement equity financing.</li>
<li>e.l.f. Beauty, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>) shares were also up, gaining 22% to $190.37 after the company reported better-than-expected fourth-quarter earnings.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Banzai International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNZI#NASDAQ">BNZI</a>) shares dropped 26% to $0.1698. Banzai announced pricing of $2.5 million public offering.</li>
<li>Shares of Cytokinetics, Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYTK#NASDAQ">CYTK</a>) were down 16% to $49.71. Cytokinetics priced its public offering of 9,803,922 common stock at $51 per share.</li>
<li>Triumph Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) was down, falling 12% to $13.18 after the company reported fourth-quarter FY24 results.</li>
</ul>
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Commodities In commodity news, oil traded down 1.1% to $76.72 while gold traded down 2.4% at $2,336.30.
Silver traded down 3.5% to $30.395 on Thursday, while copper fell 1.2% to $4.7885.
Euro zone
European shares were mixed today. The eurozone's STOXX 600 rose 0.07%, Germany's DAX rose 0.06% and France's CAC 40 gained 0.13%. Spain's IBEX 35 Index fell 0.16%, while London's FTSE 100 fell 0.37%.
The HCOB Eurozone services PMI came in unchanged at 53.3 in May, while manufacturing PMI rose to 47.4 in May 2024, recording the highest level in 15 months.
The S&amp;P Global UK composite PMI fell to 52.8 in May, from 54.1 in April. The Germany composite PMI climbed to 52.2 in May, notching the strongest reading in a year. France composite PMI declined to 49.1 in May compared to 50.5 in the previous month.
Asia Pacific Markets
Asian markets closed mixed on Thursday, with Japan's Nikkei surging 1.26%, China's Composite Index dipping 1.33%, Hong Kong's Hang Seng Index falling 1.70% and India's S&amp;P BSE Sensex gaining 1.36%.
The annual inflation rate in Hong Kong eased to 1.1% in April versus 2% a month ago and compared to market estimates of 2.1%. The HSBC India composite PMI rose to 61.7 in May 2 from 61.5 a month ago. The au Jibun Bank Japan composite PMI increased to 52.4 in May from 52.3 a month ago.
Economics
<ul>
<li>The Chicago Fed National Activity Index declined to -0.23 in April versus a revised reading of -0.04 in the prior month.</li>
<li>U.S. initial jobless claims declined by 8,000 to 215,000 in the week ending May 18, compared to market estimates of 220,000.</li>
<li>The S&amp;P Global manufacturing PMI rose to 50.9 in May from 50 in April, while services PMI climbed to 54.8 in May from 51.3.</li>
<li>The S&amp;P Global composite PMI jumped to 54.4 in May compared to 51.3 in April, and topping market estimates of 51.1.</li>
<li>Sales of new single-family houses fell 4.7% month-over-month to an annualized rate of 634K in April.</li>
<li>U.S. natural-gas supplies increased 78 billion cubic feet during the week ended May 17.</li>
</ul>
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Dow Dips Over 550 Points; BJ's Wholesale Club Earnings Beat Views

<h3>Gainers</h3>
<ul>
<li>Pineapple Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGY#NASDAQ">PEGY</a>) shares increased by 75.4% to $0.26 during Thursday's regular session. The market value of their outstanding shares is at $25.2 million. </li>
<li>Zoomcar Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCAR#NASDAQ">ZCAR</a>) stock moved upwards by 47.09% to $0.31. The market value of their outstanding shares is at $20.1 million. </li>
<li>Nature's Miracle Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMHI#NASDAQ">NMHI</a>) stock rose 25.48% to $0.74. The company's market cap stands at $19.6 million. </li>
<li>Greenwave Tech Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GWAV#NASDAQ">GWAV</a>) stock moved upwards by 17.44% to $0.09. The company's market cap stands at $13.9 million. As per the news, the Q1 earnings report came out 3 days ago. </li>
<li>iPower (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPW#NASDAQ">IPW</a>) stock increased by 17.14% to $1.64. The market value of their outstanding shares is at $48.9 million. </li>
<li>TOMI Environmental Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOMZ#NASDAQ">TOMZ</a>) stock moved upwards by 14.44% to $0.81. The company's market cap stands at $16.0 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Applied UV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUVIP#NASDAQ">AUVIP</a>) stock fell 46.5% to $1.39 during Thursday's regular session. </li>
<li>Singularity Future Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGLY#NASDAQ">SGLY</a>) stock declined by 17.18% to $3.81. The company's market cap stands at $13.3 million. </li>
<li>Titan Machinery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TITN#NASDAQ">TITN</a>) stock fell 17.06% to $19.21. The market value of their outstanding shares is at $438.3 million. As per the press release, Q1 earnings came out today. </li>
<li>Satellogic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATL#NASDAQ">SATL</a>) stock decreased by 15.11% to $1.18. The company's market cap stands at $109.1 million. </li>
<li>Perma-Pipe Inlt Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PPIH#NASDAQ">PPIH</a>) stock fell 13.83% to $7.67. The market value of their outstanding shares is at $60.6 million. </li>
<li>Triumph Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) stock fell 11.71% to $13.24. The company's market cap stands at $1.0 billion. As per the press release, Q4 earnings came out today. 
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</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

AUVIP

GWAV

NMHI

PEGY

PPIH

SATL

SGLY

TITN

TOMZ

ZCAR

12 Industrials Stocks Moving In Thursday's Intraday Session

Triumph Group shares are trading lower after the company reported Q4 financial results and issued FY25 guidance below estimates.

U.S. stocks traded mixed midway through trading, with the Dow Jones index falling more than 250 points on Thursday.
The Dow traded down 0.65% to 39,414.01 while the NASDAQ rose 0.84% to 16,942.51. The S&amp;P 500 also rose, gaining, 0.24% to 5,319.63.
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Leading and Lagging Sectors Information technology shares rose by 1.3% on Thursday.
In trading on Thursday, real estate shares fell by 1.1%.
Top Headline
The S&amp;P Global manufacturing PMI rose to 50.9 in May from 50 in April, while services PMI climbed to 54.8 in May from 51.3.
The S&amp;P Global composite PMI jumped to 54.4 in May compared to 51.3 in April, and topping market estimates of 51.1.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>OneMedNet Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONMD#NASDAQ">ONMD</a>) shares shot up 145% to $1.1699 after the company highlighted a &#8216;five-fold expansion&#8217; of its iRWD network and platform.</li>
<li>Shares of Bicycle Therapeutics plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCYC#NASDAQ">BCYC</a>) got a boost, surging 18% to $25.34 after the company announced a $555 million private placement equity financing.</li>
<li>e.l.f. Beauty, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>) shares were also up, gaining 19% to $185.34 after the company reported better-than-expected fourth-quarter earnings.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Banzai International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNZI#NASDAQ">BNZI</a>) shares dropped 20% to $0.1820. Banzai announced pricing of $2.5 million public offering.</li>
<li>Shares of Cytokinetics, Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYTK#NASDAQ">CYTK</a>) were down 17% to $49.10. Cytokinetics priced its public offering of 9,803,922 common stock at $51 per share.</li>
<li>Triumph Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) was down, falling 12% to $13.28 after the company reported fourth-quarter FY24 results.</li>
</ul>
Also Check This Out:<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/05/38984143/jim-cramer-offers-his-take-on-corning-calls-this-healthcare-stock-a-terrific-spec"> Jim Cramer Offers His Take On Corning, Calls This Healthcare Stock A &#8216;Terrific Spec&#8217;</a> 
Commodities In commodity news, oil traded down 0.1% to $77.52 while gold traded down 1.8% at $2,348.80.
Silver traded down 3.1% to $30.515 on Thursday, while copper fell 0.8% to $4.8115.
Euro zone
European shares were lower today. The eurozone's STOXX 600 fell 0.08%, Germany's DAX fell 0.17% and France's CAC 40 slipped 0.10%. Spain's IBEX 35 Index fell 0.36%, while London's FTSE 100 fell 0.45%.
The HCOB Eurozone services PMI came in unchanged at 53.3 in May, while manufacturing PMI rose to 47.4 in May 2024, recording the highest level in 15 months.
The S&amp;P Global UK composite PMI fell to 52.8 in May, from 54.1 in April. The Germany composite PMI climbed to 52.2 in May, notching the strongest reading in a year. France composite PMI declined to 49.1 in May compared to 50.5 in the previous month.
Asia Pacific Markets
Asian markets closed mixed on Thursday, with Japan's Nikkei surging 1.26%, China's Composite Index dipping 1.33%, Hong Kong's Hang Seng Index falling 1.70% and India's S&amp;P BSE Sensex gaining 1.36%.
The annual inflation rate in Hong Kong eased to 1.1% in April versus 2% a month ago and compared to market estimates of 2.1%. The HSBC India composite PMI rose to 61.7 in May 2 from 61.5 a month ago. The au Jibun Bank Japan composite PMI increased to 52.4 in May from 52.3 a month ago.
Economics
<ul>
<li>The Chicago Fed National Activity Index declined to -0.23 in April versus a revised reading of -0.04 in the prior month.</li>
<li>U.S. initial jobless claims declined by 8,000 to 215,000 in the week ending May 18, compared to market estimates of 220,000.</li>
<li>The S&amp;P Global manufacturing PMI rose to 50.9 in May from 50 in April, while services PMI climbed to 54.8 in May from 51.3.</li>
<li>The S&amp;P Global composite PMI jumped to 54.4 in May compared to 51.3 in April, and topping market estimates of 51.1.</li>
<li>Sales of new single-family houses fell 4.7% month-over-month to an annualized rate of 634K in April.</li>
<li>U.S. natural-gas supplies increased 78 billion cubic feet during the week ended May 17.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/24/05/38983329/top-5-financial-stocks-you-may-want-to-dump-in-q2">Top 5 Financial Stocks You May Want To Dump In Q2</a>

Intraday Update

Gold Falls Sharply; US Composite PMI Surges In May

Triumph Group, Inc. 2025 Q1 - Results - Earnings Call Presentation

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Triumph Group (NYSE:<a href="https://investorplace.com/stock-quotes/tgi-stock-quote/">TGI</a>) just reported results for the first quarter of 2025.<ul><li>Triumph Group reported earnings per share of -6 cents. This was below the analyst estimate for EPS of -5 cents.</li><li>The company reported revenue of $281.02 million.</li><li>This was 4.09% better than the analyst estimate for revenue of $269.97 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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									</ul>The post <a href="https://investorplace.com/earning-results/2024/08/tgi-stock-earnings-triumph-group-for-q1-of-2025/">TGI Stock Earnings: Triumph Group Misses EPS, Beats Revenue for Q1 2025</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

TGI Stock Earnings: Triumph Group Misses EPS, Beats Revenue for Q1 2025

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