/Transdigm%20Group%20Incorporated%20logo%20on%20mobile-by%20madamF%20via%20Shutterstock.jpg)
Ohio-based TransDigm Group Incorporated (TDG) is a leading global designer, producer, and supplier of highly engineered aircraft components for both commercial and military aircraft. Valued at $72 billion by market cap, the company’s major products include actuators, ignition systems, engine technology, pumps, etc. The company is set to announce its fiscal 2024 Q3 earnings on Tuesday, Aug. 13.
Ahead of the event, analysts expect TransDigm Group to report a profit of $7.77 per share, up 18.6% from $6.55 per share in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in each of the last four quarters. It reported an EPS of $7.42 in the recent quarter, exceeding the consensus estimate by 9.1%, reaping the benefits of its value-driven operating strategy.