Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with TransDigm Group (TDG) being highlighted as a strong candidate due to its favorable growth metrics and Zacks Rank [2][10]. Group 1: Earnings Growth - TransDigm has a historical EPS growth rate of 14.7%, but projected EPS growth for the current year is significantly higher at 27.8%, surpassing the industry average of 15.4% [5]. Group 2: Cash Flow Growth - The company exhibits a year-over-year cash flow growth of 47.7%, which is substantially above the industry average of 6.3% [6]. - Over the past 3-5 years, TransDigm's annualized cash flow growth rate has been 8.3%, compared to the industry average of 5.4% [7]. Group 3: Earnings Estimate Revisions - The current-year earnings estimates for TransDigm have been revised upward, with the Zacks Consensus Estimate increasing by 0.2% over the past month, indicating positive momentum [9]. Group 4: Overall Positioning - TransDigm has achieved a Growth Score of B and holds a Zacks Rank of 2, positioning it favorably for potential outperformance in the growth stock category [9][10].

Core Insights - TransDigm Group reported a revenue of $2.05 billion for the quarter ended June 2024, reflecting a year-over-year increase of 17.3% and surpassing the Zacks Consensus Estimate by 2.59% [1] - The earnings per share (EPS) for the quarter was $9.00, up from $7.25 in the same quarter last year, exceeding the consensus EPS estimate by 6.51% [1] Revenue Performance - Net sales to external customers in the Non-aviation segment were $49 million, slightly below the average estimate of $50.52 million, marking a year-over-year increase of 2.1% [3] - Airframe segment net sales reached $974 million, exceeding the estimated $934.67 million, with a year-over-year growth of 16.7% [4] - Power & Control segment net sales were $1.02 billion, surpassing the estimated $991.78 million, reflecting an 18.8% increase year-over-year [5] - Airframe-Commercial and non-aerospace OEM net sales were $323 million, above the average estimate of $300.65 million, showing a 27.2% year-over-year increase [6] - Airframe-Defense segment net sales were $303 million, exceeding the average estimate of $291.45 million, with a 10.6% year-over-year change [7] - Power & Control-Defense net sales were $477 million, surpassing the estimated $457.21 million, representing a 16.3% year-over-year increase [8] - Power & Control-Commercial and non-aerospace aftermarket net sales were $317 million, slightly below the average estimate of $327.11 million, with a 16.5% year-over-year change [9] - Power & Control-Commercial and non-aerospace OEM net sales were $229 million, exceeding the average estimate of $212.36 million, reflecting a 27.9% year-over-year increase [10] - Airframe-Commercial and non-aerospace aftermarket net sales were $348 million, above the average estimate of $337.41 million, with a 13.4% year-over-year change [11] EBITDA Performance - EBITDA for the Power & Control segment was $587 million, exceeding the average estimate of $552.25 million [12] - Unallocated corporate expenses resulted in an EBITDA of -$21 million, closely aligning with the estimated -$21.13 million [13] - Non-aviation EBITDA was reported at $22 million, surpassing the average estimate of $20.31 million [14] Stock Performance - TransDigm shares have returned -2.6% over the past month, compared to a -5.9% change in the Zacks S&P 500 composite [14] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [14]

TransDigm Group Incorporated (TDG) reported third-quarter fiscal 2024 adjusted earnings of $9 per share, which beat the Zacks Consensus Estimate of $8.45 by 6.5%. The bottom line also improved 24.1% from the prior-year quarter's reported figure of $7.25. Barring one-time items, the company recorded GAAP earnings of $7.96 per share compared with $6.14 in the year-ago quarter. The year-over-year improvement in bottom line can be attributed to improved sales, gross profit and operating income compared with the ...

TransDigm Group (TDG) came out with quarterly earnings of $9 per share, beating the Zacks Consensus Estimate of $8.45 per share. This compares to earnings of $7.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 6.51%. A quarter ago, it was expected that this aircraft components maker would post earnings of $7.37 per share when it actually produced earnings of $7.99, delivering a surprise of 8.41%. Over the last four quarters ...

CLEVELAND, Aug. 6, 2024 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the third quarter ended June 29, 2024. Third quarter highlights include: Net sales of $2,046 million, up 17% from $1,744 million in the prior year's quarter; Net income of $461 million, up 31% from the prior year's quarter; Earnings per share of $7.96, up 30% from the prior year's quarter; EBITDA As Defined of ...

Core Insights - TransDigm Group (TDG) is expected to report quarterly earnings of $8.45 per share, reflecting a 16.6% increase year-over-year, with revenues projected at $1.99 billion, a 14.4% increase from the previous year [1] Earnings Estimates - The consensus EPS estimate for the quarter has been revised upward by 0.9% over the past 30 days, indicating analysts' positive reassessment of the company's performance [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock price performance [3] Revenue Projections - Analysts predict 'Net sales to external customers- Non-aviation' at $50.52 million, a 5.3% increase from the prior year [5] - 'Net sales to external customers- Airframe' are estimated at $934.67 million, reflecting an 11.9% year-over-year increase [5] - 'Net sales to external customers- Power & Control' are expected to reach $991.78 million, indicating a 15.2% increase year-over-year [6] - The consensus for 'Net sales to external customers- Airframe- Commercial and non-aerospace OEM' stands at $300.65 million, suggesting an 18.4% increase from the previous year [6] - 'Net sales to external customers- Airframe- Defense' is projected at $291.45 million, a 6.4% increase year-over-year [7] - 'Net sales to external customers- Power & Control- Defense' is expected to reach $457.21 million, reflecting an 11.5% increase [7] - 'Net sales to external customers- Power & Control- Commercial and non-aerospace aftermarket' is estimated at $327.11 million, indicating a 20.3% increase [8] - 'Net sales to external customers- Power & Control- Commercial and non-aerospace OEM' is projected at $212.36 million, reflecting an 18.6% increase [8] - 'Net sales to external customers- Airframe- Commercial and non-aerospace aftermarket' is expected to be $337.41 million, a 9.9% increase year-over-year [9] EBITDA Estimates - Analysts estimate 'EBITDA- Power & Control' to reach $552.25 million, compared to $487 million in the same quarter last year [9] - 'EBITDA- Non-aviation' is projected at $20.31 million, slightly down from $21 million reported in the previous year [10] - 'EBITDA- Airframe' is expected to be $484.50 million, up from $417 million reported in the same quarter last year [10] Market Performance - Shares of TransDigm have shown a return of +0.8% over the past month, compared to a +1.1% change in the Zacks S&P 500 composite [10] - With a Zacks Rank 2 (Buy), TDG is anticipated to outperform the overall market in the near future [10]

Company Overview - Raptor Scientific is a leading global manufacturer of complex test and measurement solutions primarily serving the aerospace and defense markets [1] - The company generates nearly all of its revenue from proprietary products, with an expected revenue of approximately $90 million for the calendar year ending December 31, 2024 [1] - Raptor Scientific employs around 170 people and has manufacturing locations in Livermore, CA; Woodland Hills, CA; Berlin, CT; Huntsville, AL; and Peterborough, NH [1] Acquisition Details - TransDigm Group has successfully completed its acquisition of Raptor Labs Holdco, LLC (Raptor Scientific) for approximately $655 million in cash, including certain tax benefits [6] - The acquisition was financed through cash on hand and was previously announced on May 28, 2024 [6] Product Offerings - TransDigm Group, through its subsidiaries, designs, produces, and supplies highly engineered aircraft components for nearly all commercial and military aircraft in service today [3] - Major product offerings include mechanical/electro-mechanical actuators, ignition systems, specialized pumps and valves, batteries, cockpit security components, advanced sensor products, and various electronic components [3]

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering TransDigm Group (TDG) , which belongs to the Zacks Aerospace - Defense Equipment industry. When looking at the last two reports, this aircraft components maker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 10.41%, on average, in the last two quarters. For the last reported quarter, TransDigm came out with e ...

The earnings report, which is expected to be released on August 6, 2024, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. Zacks Consensus Estimate Revenues are expected to be $1.99 billion, up 14.4% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.87% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collecti ...

The webcast will be archived on the website and available for replay later that day. CLEVELAND, July 29, 2024 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG) today said it will report fiscal 2024 third quarter earnings before the market opens on Tuesday, August 6, 2024. About TransDigm Group TransDigm Group, through its wholly-owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in ser ...