Triumph Group (TGI) shares rallied 6.2% in the last trading session to close at $9.44. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 32.2% loss over the past four weeks.The latest uptick in the share price performance of Triumph Group can be attributed to the latest addition of a member, Cynthia Egnotovich, to the company’s board, as an independent director.This aircraft supplier is expected to post quarterly loss of $0.04 per share in its upcoming report, which represents a year-over-year change of -140%. Revenues are expected to be $296.57 million, down 17% from the year-ago quarter.While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.For Triumph Group, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on TGI going forward to see if this recent jump can turn into more strength down the road.The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Triumph Group is part of the Zacks Aerospace - Defense Equipment industry. AerSale Corporation (ASLE), another stock in the same industry, closed the last trading session 2.2% higher at $18.85. ASLE has returned -6.4% in the past month.For AerSale Corporation, the consensus EPS estimate for the upcoming report has changed -10% over the past month to $0.05. This represents a change of -77.3% from what the company reported a year ago. AerSale Corporation currently has a Zacks Rank of #1 (Strong Buy). FREE Report: The Metaverse is Exploding! Don’t You Want to Cash In? Rising gas prices. The war in Ukraine. America's recession. Inflation. It's no wonder why the metaverse is so popular and growing every day. Becoming Spider Man and fighting Darth Vader is infinitely more appealing than spending over $5 per gallon at the pump. And that appeal is why the metaverse can provide such massive gains for investors. But do you know where to look? Do you know which metaverse stocks to buy and which to avoid? In a new FREE report from Zacks' leading stock specialist, we reveal how you could profit from the internet’s next evolution. Even though the popularity of the metaverse is spreading like wildfire, investors like you can still get in on the ground floor and cash in. Don't miss your chance to get your piece of this innovative $30 trillion opportunity - FREE.>>Yes, I want to know the top metaverse stocks for 2022>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Triumph Group, Inc. (TGI): Free Stock Analysis Report AerSale Corporation (ASLE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research