Compared to Estimates, TransDigm (TDG) Q1 Earnings: A Look at Key Metrics

Core Insights - TransDigm Group (TDG) reported revenue of $2.01 billion for the quarter ended December 2024, marking a year-over-year increase of 12.1% and exceeding the Zacks Consensus Estimate by 0.60% [1] - The company's EPS for the same period was $7.83, up from $7.16 a year ago, representing a surprise of 4.68% over the consensus estimate of $7.48 [1] Financial Performance - Net sales to external customers in various segments showed mixed results: - Non-aviation: $33 million, a decrease of 21.4% year-over-year, below the estimated $48.40 million [4] - Airframe: $946 million, an increase of 9.7% year-over-year, slightly above the estimated $935.12 million [4] - Power & Control: $1.03 billion, a year-over-year increase of 16.1%, exceeding the estimate of $977.02 million [4] - Airframe - Commercial and non-aerospace OEM: $278 million, a 2.2% increase year-over-year, above the estimate of $276.49 million [4] - Airframe - Defense: $335 million, a significant increase of 25.9% year-over-year, surpassing the estimate of $304.38 million [4] - Power & Control - Defense: $491 million, a 19.2% increase year-over-year, exceeding the estimate of $443.58 million [4] - Power & Control - Commercial and non-aerospace aftermarket: $341 million, a 15.2% increase year-over-year, above the estimate of $333.97 million [4] - Power & Control - Commercial and non-aerospace OEM: $195 million, a 10.2% increase year-over-year, exceeding the estimate of $182.49 million [4] - Airframe - Commercial and non-aerospace aftermarket: $333 million, a 2.8% increase year-over-year, below the estimate of $352.32 million [4] EBITDA Performance - EBITDA for Power & Control was reported at $585 million, exceeding the average estimate of $535.76 million [4] - EBITDA for Non-aviation was $12 million, below the average estimate of $18.34 million [4] - EBITDA for Airframe was $516 million, surpassing the average estimate of $461.50 million [4] Stock Performance - TransDigm's shares have returned +8.1% over the past month, outperforming the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]