Picture of TransDigm Incorporated logo

TDG — TransDigm Incorporated News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsBalancedLarge CapHigh Flyer

TransDigm jumps after raising FY profit, revenue forecast

BUZZ-TransDigm jumps after raising FY profit, revenue forecast

** Shares of aircraft parts maker TransDigm Group TDG.N rise 1.1% to $1,299.15

** Co posts upbeat Q3 results, benefiting from resilient demand for high-margin aftermarket parts

** Co raises FY26 adj. EPS forecast to $40.62 - $41.46 from its earlier range of $38.83 to $40.21

** TDG lifts full-year revenue forecast to $10.47 bln to $10.55 bln, up from its prior forecast of $10.3 bln to $10.42 bln

** Posts Q3 adjusted EPS of $10.87 and revenue of $2.74 bln, both beating analysts' consensus estimates - data compiled by LSEG

** 12 of 23 brokerages rate the stock "buy" or higher, ten "hold" and one "sell" or lower; median PT is $1455

** Including session's move, stock has fallen 2.3% YTD compared with a 11.7% increase in the S&P 500 index .SPX


(Reporting by Anand Gopal in Bengaluru)

((anandgopal.r@thomsonreuters.com))

Recent news on TransDigm Incorporated

See all news