TransDigm Group Incorporated (TDG) is slated to report fourth-quarter fiscal 2024 results on Nov. 7, before market open.See the Zacks Earnings Calendar to stay ahead of market-making news.TransDigm delivered a trailing four-quarter average earnings surprise of 8.46%. The improving growth trends in commercial air travel and strong defense sales are likely to have bolstered the quarterly performance.TDG’s Power & Control Segment to Remain Robust Strong sales from the commercial aftermarket, backed by steadily ...

CLEVELAND, Oct. 28, 2024 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG) today said it will report fiscal 2024 fourth quarter earnings before the market opens on Thursday, November 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.transdig ...

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CLEVELAND, Sept. 20, 2024 /PRNewswire/ -- TransDigm Group Incorporated ("TransDigm Group") (NYSE: TDG) today announced that its Board of Directors has authorized and declared a special cash dividend of $75.00 on each outstanding share of common stock and cash dividend equivalent payments on eligible vested options granted under its stock option plans. The record date for the special dividend is October 4, 2024, and the payment date for the dividend is October 18, 2024. TransDigm Group also announced today t ...

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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 ...

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with TransDigm Group (TDG) being highlighted as a strong candidate due to its favorable growth metrics and Zacks Rank [2][10]. Group 1: Earnings Growth - TransDigm has a historical EPS growth rate of 14.7%, but projected EPS growth for the current year is significantly higher at 27.8%, surpassing the industry average of 15.4% [5]. Group 2: Cash Flow Growth - The company exhibits a year-over-year cash flow growth of 47.7%, which is substantially above the industry average of 6.3% [6]. - Over the past 3-5 years, TransDigm's annualized cash flow growth rate has been 8.3%, compared to the industry average of 5.4% [7]. Group 3: Earnings Estimate Revisions - The current-year earnings estimates for TransDigm have been revised upward, with the Zacks Consensus Estimate increasing by 0.2% over the past month, indicating positive momentum [9]. Group 4: Overall Positioning - TransDigm has achieved a Growth Score of B and holds a Zacks Rank of 2, positioning it favorably for potential outperformance in the growth stock category [9][10].

Core Insights - TransDigm Group reported a revenue of $2.05 billion for the quarter ended June 2024, reflecting a year-over-year increase of 17.3% and surpassing the Zacks Consensus Estimate by 2.59% [1] - The earnings per share (EPS) for the quarter was $9.00, up from $7.25 in the same quarter last year, exceeding the consensus EPS estimate by 6.51% [1] Revenue Performance - Net sales to external customers in the Non-aviation segment were $49 million, slightly below the average estimate of $50.52 million, marking a year-over-year increase of 2.1% [3] - Airframe segment net sales reached $974 million, exceeding the estimated $934.67 million, with a year-over-year growth of 16.7% [4] - Power & Control segment net sales were $1.02 billion, surpassing the estimated $991.78 million, reflecting an 18.8% increase year-over-year [5] - Airframe-Commercial and non-aerospace OEM net sales were $323 million, above the average estimate of $300.65 million, showing a 27.2% year-over-year increase [6] - Airframe-Defense segment net sales were $303 million, exceeding the average estimate of $291.45 million, with a 10.6% year-over-year change [7] - Power & Control-Defense net sales were $477 million, surpassing the estimated $457.21 million, representing a 16.3% year-over-year increase [8] - Power & Control-Commercial and non-aerospace aftermarket net sales were $317 million, slightly below the average estimate of $327.11 million, with a 16.5% year-over-year change [9] - Power & Control-Commercial and non-aerospace OEM net sales were $229 million, exceeding the average estimate of $212.36 million, reflecting a 27.9% year-over-year increase [10] - Airframe-Commercial and non-aerospace aftermarket net sales were $348 million, above the average estimate of $337.41 million, with a 13.4% year-over-year change [11] EBITDA Performance - EBITDA for the Power & Control segment was $587 million, exceeding the average estimate of $552.25 million [12] - Unallocated corporate expenses resulted in an EBITDA of -$21 million, closely aligning with the estimated -$21.13 million [13] - Non-aviation EBITDA was reported at $22 million, surpassing the average estimate of $20.31 million [14] Stock Performance - TransDigm shares have returned -2.6% over the past month, compared to a -5.9% change in the Zacks S&P 500 composite [14] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [14]