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: • Net sales of $1,919 million, up 21% from $1,592 million in the prior year's quarter; • Net income of $404 million, up 33% from the prior year's quarter; • Ear ...

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 ...

TransDigm Group Incorporated (TDG) is slated to report second-quarter fiscal 2024 results on May 7, before market open.TransDigm delivered a four-quarter average earnings surprise of 10.74%. The improving growth trends in the commercial aerospace market and strong defense sales are likely to have bolstered TDG’s fiscal second-quarter results, amid the adverse impacts of higher interest expenses.Power & Control Segment to Remain RobustStrong sales from the commercial aftermarket, backed by steadily improving ...

The upcoming report from TransDigm Group (TDG) is expected to reveal quarterly earnings of $7.37 per share, indicating an increase of 23.2% compared to the year-ago period. Analysts forecast revenues of $1.89 billion, representing an increase of 18.4% year over year.The current level reflects an upward revision of 0.2% 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 pe ...

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CLEVELAND, April 29, 2024 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG) today said it will report fiscal 2024 second quarter earnings before the market opens on Tuesday, May 7, 2024. A conference call will follow at 11:00 a.m., Eastern Time. To join the call telephonically, please register for the call here. Once registered, participants will receive the dial-in information and a unique pin to access the call. A live audio webcast of the call can also be accessed online at http://www.transdigm.co ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider TransDigm Group (TDG) . This company, which is in the Zacks Aerospace - Defense Equipment industry, shows potential for another earnings beat.This aircraft components maker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for th ...

For the quarter ended December 2023, TransDigm Group (TDG) reported revenue of $1.79 billion, up 28.1% over the same period last year. EPS came in at $7.16, compared to $4.58 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.67 billion, representing a surprise of +7.07%. The company delivered an EPS surprise of +12.40%, with the consensus EPS estimate being $6.37.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

With that, I would like to turn it over to our Chief Financial Officer, Sarah Wynne. To reiterate, we believe we are unique in the industry in both the consistency of our strategy in good times and bad, as well as our steady focus on intrinsic shareholder value creation through all phases of the aerospace cycle. Next, an update on our capital allocation activities and priorities. As we discussed on our last earnings call, we agreed on November 9th to acquire the Electron Device Business of Communications & ...