TransDigm (TDG) Beats on Q2 Earnings, Ups '24 Sales View

TransDigm Group Incorporated (TDG) reported second-quarter fiscal 2024 adjusted earnings of $7.99 per share, which beat the Zacks Consensus Estimate of $7.37 by 8.4%. The bottom line also improved 33.6% from the prior-year quarter’s reported figure of $5.98.Barring one-time items, the company recorded GAAP earnings of $6.97 per share compared with $5.32 in the year-ago quarter.SalesNet sales amounted to $1.92 billion, up 20.5% from $1.59 billion registered in the prior-year period. The reported figure also ...