TransDigm Gr Q3 Adj EPS $7.25 Beats $6.33 Estimate, Sales $1.74B Beat $1.68B Estimate
Portfolio Pulse from Benzinga Newsdesk
TransDigm Gr (NYSE:TDG) reported Q3 adjusted earnings of $7.25 per share, beating the analyst consensus estimate of $6.33 by 14.53%. This is a 49.48% increase from the same period last year. The company also reported quarterly sales of $1.74 billion, beating the analyst consensus estimate of $1.68 billion by 4.00%, a 24.75% increase from the same period last year.
August 08, 2023 | 11:16 am
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POSITIVE IMPACT
TransDigm Gr's Q3 earnings and sales exceeded estimates, indicating strong financial performance. This could positively impact the company's stock price in the short term.
TransDigm Gr's Q3 earnings and sales exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The significant YoY growth in earnings and sales further strengthens this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100