TDG - TransDigm Group Analysts Boost Their Forecasts After Upbeat Results | Benzinga
TransDigm Group Incorporated (NYSE:TDG) reported better-than-expected results for its second quarter and raised FY24 outlook.
TransDigm posted adjusted earnings of $7.99 per share, beating market expectations of $7.42 per share. The company's quarterly sales came in at $1.919 billion versus estimates of $1.880 billion, according to data from Benzinga Pro.
TransDigm said it now sees FY24 sales of $7.68 billion to $7.80 billion, versus prior outlook of $7.58 billion to $7.76 billion. The company said it now projects adjusted EPS of $31.75 to $33.09, versus prior forecast of $29.97 to $31.73.
“I am very ...