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Market Overview

Recap: TransDigm Q1 Earnings

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Shares of TransDigm Gr (NYSE:TDG) fell 0.2% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share decreased 60.04% over the past year to $1.97, which missed the estimate of $1.99.

Revenue of $1,108,000,000 decreased by 24.37% year over year, which missed the estimate of $1,120,000,000.

Looking Ahead

TransDigm Gr hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Feb 09, 2021

Time: 11:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/q5vveb4v

Price Action

Company's 52-week high was at $660.02

Company's 52-week low was at $200.06

Price action over last quarter: Up 5.89%

Company Profile

TransDigm manufactures and services a diverse set of components for commercial and military aircraft. The firm organizes itself in three segments, a power and control segment, an airframe segment, and a small nonaviation segment. The firm operates as an acquisitive holding company that targets firms with proprietary, sole-source products with substantial aftermarket content. The firm regularly employs financial leverage to amplify operating results.

 

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Posted-In: BZI-RecapsEarnings News

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