Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Kritika Sarmah

What to Expect From TransDigm Group's Q3 2024 Earnings Report

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. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.