Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

For those looking to find strong Aerospace stocks, it is prudent to search for companies in the group that are outperforming their peers. TransDigm Group (TDG) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Aerospace peers, we might be able to answer that question.TransDigm Group is one of 45 individual stocks in the Aerospace sector. Collec ...

TransDigm Group (TDG) reported $1.92 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 20.5%. EPS of $7.99 for the same period compares to $5.98 a year ago.The reported revenue represents a surprise of +1.79% over the Zacks Consensus Estimate of $1.89 billion. With the consensus EPS estimate being $7.37, the EPS surprise was +8.41%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 30, 2024 ☐ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 001-32833 TransDigm Group Incorporated (Exact name of registrant as specified in its charter) Delaware (State or other jurisdict ...

Financial Performance - Q2 2024 - Revenue increased by 21% to $1,919 million compared to $1,592 million in Q2 FY 2023[23] - EBITDA As Defined increased by 25% to $1,021 million compared to $817 million in Q2 FY 2023[23] - Adjusted EPS increased by 34% to $7.99 compared to $5.98 in Q2 FY 2023[23] - Gross Profit margin increased by 1.6% to 60.0% compared to 58.4% in Q2 FY 2023[23] Market Performance - Q2 2024 - Commercial Aftermarket Passenger Transport Revenue increased by approximately 20%[10] - Commercial Transport Revenue increased by 12%[21] - Business Jet/Helicopter Revenue increased by 15%[21] - Defense sector revenue increased by 21%[21] Fiscal Year 2024 Outlook - Expected growth in Commercial OEM market is around 20%[25] - Expected growth in Commercial Aftermarket market is in the mid-teens % range[25] - Expected growth in Defense market is in the mid-teens % range[25] - Revenue guidance is between $7,665 million and $7,740 million[26] - EBITDA As Defined guidance is between $3,985 million and $4,045 million, representing 52.3% of sales[26] - Adjusted EPS guidance is between $30.85 and $32.42[26]

TransDigm Group Incorporated (NYSE:TDG) Q2 2024 Earnings Conference Call May 7, 2024 11:00 AM ET Company Participants Jaimie Stemen - Director, IR Kevin Stein - President & CEO Mike Lisman - Co-COO Sarah Wynne - CFO Joel Reiss - Co-COO Conference Call Participants Myles Walton - Wolfe Research Scott Mikus - Melius Research Ken Herbert - RBC Capital Markets Josh Corn - Barclays Scott Deuschle - Deutsche Bank Gautam Khanna - TD Cowen Peter Arment - Baird Robert Stallard - Vertical Research Noah Poponak - Gold ...

TransDigm Group Incorporated (TDG) reported second-quarter fiscal 2024 adjusted earnings of $7.99 per share, which beat the Zacks Consensus Estimate of $7.37 by 8.4%. The bottom line also improved 33.6% from the prior-year quarter’s reported figure of $5.98.Barring one-time items, the company recorded GAAP earnings of $6.97 per share compared with $5.32 in the year-ago quarter.SalesNet sales amounted to $1.92 billion, up 20.5% from $1.59 billion registered in the prior-year period. The reported figure also ...

TransDigm Group (TDG) came out with quarterly earnings of $7.99 per share, beating the Zacks Consensus Estimate of $7.37 per share. This compares to earnings of $5.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.41%. A quarter ago, it was expected that this aircraft components maker would post earnings of $6.37 per share when it actually produced earnings of $7.16, delivering a surprise of 12.40%.Over the last four quarte ...

Exhibit 99.1 TransDigm Group Reports Fiscal 2024 Second Quarter Results Cleveland, Ohio, May 7, 2024/PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the second quarter ended March 30, 2024. Second quarter highlights include: Quarter-to-Date Results Net sales for the quarter increased 20.5%, or $327 million, to $1,919 million from $1,592 million in the comparable quarter a year ago. ...

TransDigm Group (TDG) kept pushing higher into earnings on Monday, as the aerospace contractor sees an uplift from Boeing-related turbulence, which will keep older aircraft operating longer. A bullish outlook for aftermarket sales fueled another record closing high for TDG stock.X TransDigm will report fiscal second-quarter results before Tuesday's open, followed by an 11 a.m. ET conference call.In a presentation released with fiscal Q1 earnings on Feb. 8, TransDigm said that aftermarket sales accounted for ...