TransDigm Group

TransDigm Group (TDG) Q2 Earnings and Revenues Beat Estimates

TransDigm Group (TDG) came out with quarterly earnings of $4.21 per share, beating the Zacks Consensus Estimate of $3.86 per share. This compares to earnings of $3.79 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 9.07%. A quarter ago, it was expected that this aircraft components maker would post earnings of $3.35 per share when it actually produced earnings of $3.85, delivering a surprise of 14.93%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

TransDigm, which belongs to the Zacks Aerospace - Defense Equipment industry, posted revenues of $1.20 billion for the quarter ended March 2019, surpassing the Zacks Consensus Estimate by 5.35%. This compares to year-ago revenues of $933.07 million. The company has topped consensus revenue estimates three times over the last four quarters.

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