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Barchart
Barchart
Aditya Sarawgi

TransDigm Group Earnings Preview: What to Expect

Valued at $73.4 billion by market cap, Cleveland, Ohio-based TransDigm Group Incorporated (TDG) operates as a leading designer, producer, and supplier of aircraft components in the United States and internationally. The aerospace and defense giant is expected to reveal its second-quarter results on Tuesday, May 6.

Ahead of the event, analysts expect TDG to report a non-GAAP profit of $8.24 per share, marking an 11.1% increase from $7.42 per share reported in the year-ago quarter. Furthermore, the company has surpassed the Street’s bottom-line estimates in each of the past four quarters by a notable margin.

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