TransDigm Group Incorporated (TDG) Financial Performance - TDG reported second-quarter fiscal 2025 adjusted earnings of $9.11 per share, exceeding the Zacks Consensus Estimate of $8.85 by 2.9% and improving 14% from $7.99 per share in the prior-year quarter [1] - GAAP earnings were $8.24 per share compared to $6.97 in the year-ago quarter [1] Sales and Revenue - Sales amounted to $2.15 billion, a 12% increase from $1.92 billion in the prior-year period, although it missed the Zacks Consensus Estimate of $2.17 billion by 0.7% [3] - Organic sales grew by 6.9% as a percentage of net sales [3] Operating Results - Gross profit was $1.27 billion, up 10.6% from $1.15 billion in the year-ago quarter [4] - Interest expense increased by 16% year over year to $378 million [4] - Net income rose by 18.9% year over year to $479 million [4] Financial Position - Cash and cash equivalents as of March 29, 2025, were $2.43 billion, down from $6.26 billion as of September 30, 2024 [5] - Long-term debt totaled $24.31 billion, slightly up from $24.30 billion as of September 30, 2024 [5] - Cash from operating activities was $900 million compared to $865 million at the end of the second quarter of fiscal 2024 [5] Guidance for Fiscal 2025 - TDG reaffirmed its guidance for fiscal 2025, expecting sales in the range of $8.75-$8.95 billion, with the Zacks Consensus Estimate at $8.86 billion [6] - The company anticipates adjusted earnings for fiscal 2025 to be between $35.51-$37.43 per share, with the Zacks Consensus Estimate at $37.09 per share [6] Zacks Rank - TDG currently holds a Zacks Rank 3 (Hold) [7]
TransDigm Q2 Earnings Surpass Estimates, Sales Increase Y/Y