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 ...

A month has gone by since the last earnings report for TransDigm Group (TDG) . Shares have added about 3.6% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is TransDigm due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. TransDigm Beats on Q2 Earnings, Ups '24 Sales View ...

CLEVELAND, June 6, 2024 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG) today announced it has successfully completed its acquisition of the Electron Device Business ("the Company") of Communications & Power Industries, a portfolio company of TJC, L.P., for approximately $1.385 billion in cash. TransDigm financed the acquisition through cash on hand as well as cash proceeds from the notes offerings completed in November 2023. The acquisition of the CPI Electron Device Business was previously announ ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following 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 in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

CLEVELAND, May 30, 2024 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today announced that it will host its 2024 Investor Conference on Wednesday, June 26, 2024, in New York City. The event is scheduled to begin at 9:00 a.m. and conclude by 2:00 p.m., including product presentation breakout sessions and lunch. Presenters will include: Kevin Stein, President and Chief Executive Officer Mike Lisman, Co-Chief ...

CLEVELAND, May 30, 2024 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today announced that it will host its 2024 Investor Conference on Wednesday, June 26, 2024, in New York City. The event is scheduled to begin at 9:00 a.m. and conclude by 2:00 p.m., including product presentation breakout sessions and lunch. Presenters will include: Kevin Stein, President and Chief Executive Officer Mike Lisman, Co-Chief ...

CLEVELAND, May 28, 2024 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG), today announced it has entered into a definitive agreement to acquire Raptor Labs Holdco, LLC ("Raptor Scientific" or "the Company"), a portfolio company of L Squared Capital Partners, for approximately $655 million in cash, including certain tax benefits. 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 ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell- side) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about TransDigm Group (TDG) . TransDigm currently has an average brokerage rec ...