TDG Stock Recent News

TransDigm (TDG) possesses solid growth attributes, which could help it handily outperform the market.

TransDigm (TDG) is well positioned to outperform the market, as it exhibits above-average growth in financials.

The Investment Committee give you their top stocks to watch for the second half.

TransDigm Group (TDG) makes a strong case for investment in the Aerospace sector, given its growth prospects, strong liquidity and an improvement in the defense budget.

TransDigm (TDG) could produce exceptional returns because of its solid growth attributes.

Although the revenue and EPS for TransDigm (TDG) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

TransDigm is showing strong revenue growth in all segments, with gross margins increasing to 59.6% and operating income up 19.3%. The company increased its FY2024 earnings outlook, with a revenue target of $7.87-$7.93 billion and an adjusted EPS range of $32.63-$33.42. Manageable debt maturity profile, no debt due until 2027, with potential for debt retirement or M&A activity. The stock has 15% upside potential.

TransDigm Group Incorporated (NYSE:TDG ) Q3 2024 Earnings Conference Call August 6, 2024 11:00 AM ET Company Participants Jaimie Stemen - Director, IR Kevin Stein - President & CEO Joel Reiss - Co-COO Sarah Wynne - CFO Conference Call Participants Scott Mikus - Melius Research Robert Stallard - Vertical Research Ken Herbert - RBC Capital Markets Ron Epstein - Bank of America Merrill Lynch Scott Deuschle - Deutsche Bank David Strauss - Barclays Kristine Liwag - Morgan Stanley Myles Walton - Wolfe Research Noah Poponak - Goldman Sachs Jason Gursky - Citi Ellen Page - Jefferies Rocco Barbara - JPMorgan Gautam Khanna - TD Cowen Gavin Parsons - UBS Michael Ciarmoli - Truist Securities Peter Arment - Baird Peter Skibitski - Alembic Global Bert Subin - Stifel Operator Welcome to the Third Quarter 2024 TransDigm Group Inc. Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.

TransDigm (TDG) fiscal Q3 sales of $2.05 billion increase 17.3% from the prior-year quarter's reported actuals. The reported figure also beats the Zacks Consensus Estimate by 2.6%.

TransDigm Group (TDG) came out with quarterly earnings of $9 per share, beating the Zacks Consensus Estimate of $8.45 per share. This compares to earnings of $7.25 per share a year ago.