TransDigm: Q3 Earnings Insights

 

Shares of TransDigm Gr TDG fell 0.5% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 116.23% year over year to $3.33, which beat the estimate of $2.93.

Revenue of $1,218,000,000 rose by 19.18% from the same period last year, which missed the estimate of $1,220,000,000.

Looking Ahead

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

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

Details Of The Call

Date: Aug 10, 2021

Time: 11:00 AM

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

Recent Stock Performance

52-week high: $688.03

52-week low: $453.76

Price action over last quarter: Up 8.19%

Company Overview

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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