TransDigm Group (TDG) Surpasses Q1 Earnings and Revenue Estimates

TransDigm Group (TDG) came out with quarterly earnings of $7.16 per share, beating the Zacks Consensus Estimate of $6.37 per share. This compares to earnings of $4.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.40%. A quarter ago, it was expected that this aircraft components maker would post earnings of $7.54 per share when it actually produced earnings of $8.03, delivering a surprise of 6.50%.Over the last four quarte ...