TransDigm Group Inc. (TDG) is a producer, supplier and designer of highly engineered aerospace components, systems and subsystems for use in commercial and military aircraft. Its rising earnings estimates, improving budget for defense and strong liquidity offer a great investment opportunity in the Zacks Aerospace sector. Let's focus on the reasons that make this Zacks Rank #2 (Buy) stock an investment opportunity at the moment. Growth Projections & Surprise History The Zacks Consensus Estimate for TDG's fi ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, it's pretty easy to find cutting-edge growth stocks with the ...

For the quarter ended June 2024, TransDigm Group (TDG) reported revenue of $2.05 billion, up 17.3% over the same period last year. EPS came in at $9.00, compared to $7.25 in the year-ago quarter. The reported revenue represents a surprise of +2.59% over the Zacks Consensus Estimate of $1.99 billion. With the consensus EPS estimate being $8.45, the EPS surprise was +6.51%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...

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 June 29, 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 (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 ...

Exhibit 99.1 TransDigm Group Reports Fiscal 2024 Third Quarter Results Cleveland, Ohio, August 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; • Earn ...

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 ...

The upcoming report from TransDigm Group (TDG) is expected to reveal quarterly earnings of $8.45 per share, indicating an increase of 16.6% compared to the year-ago period. Analysts forecast revenues of $1.99 billion, representing an increase of 14.4% year over year. The current level reflects an upward revision of 0.9% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this p ...

Raptor Scientific is a leading global manufacturer of complex test and measurement solutions primarily serving the aerospace and defense end markets. The Company's products are highly engineered, proprietary components with significant aftermarket content and a strong presence across major aerospace and defense platforms. Nearly all of Raptor Scientific's revenue is generated from proprietary products. The Company is expected to generate approximately $90 million in revenue for the calendar year ending Dece ...