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Ohio-based TransDigm Group Incorporated (TDG) designs, produces, and supplies component parts, systems, and subsystems that are critical for the safe and effective operation of both commercial and military aircraft. Valued at a market cap of $75.1 billion, the company is expected to announce its fiscal Q4 earnings results before the market opens on Thursday, Nov. 7.
Ahead of this event, analysts project the aerospace company to report a profit of $8.64 per share, up nearly 12.7% from $7.67 per share in the year-ago quarter. The company has consistently beaten Wall Street's bottom-line estimates in each of the last four quarters. The company’s adjusted earnings of $9 per share in the last quarter outpaced the consensus estimates of $8.45 per share and delivered a notable 24.1% year-over-year growth.
