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 ...

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 ...