TDG Stock Recent News

TransDigm's (TDG) fiscal Q2 results are likely to reflect the benefits of improving growth trends in the commercial aerospace market amid the adverse impacts of higher interest expenses.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for TransDigm (TDG), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.

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

CLEVELAND , April 29, 2024 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG) today said it will report fiscal 2024 second quarter earnings before the market opens on Tuesday, May 7, 2024. A conference call will follow at 11:00 a.m.

TransDigm (TDG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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While the top- and bottom-line numbers for TransDigm (TDG) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

TransDigm's (TDG) Q1 sales amounted to $1,789 million, up 28% from that registered in the prior-year period. The reported figure also beat the Zacks Consensus Estimate by 7.1%.

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.

TransDigm's (TDG) fiscal first-quarter results are likely to reflect the benefits of growing air travel and solid defense sales impact.