07.05.2024 13:35:35 - dpa-AFX: ROUNDUP: TransDigm Group Boost FY24 Outlook

WASHINGTON (dpa-AFX) - While reporting financial results for the second
quarter on Tuesday, TransDigm Group Inc. (TDG) raised its earnings, adjusted
earnings and net sales guidance for the full-year 2024, to reflect TransDigm's
continued strong performance.

For fiscal 2024, the company now projects earnings in a range of $26.06 to
$27.40 per share and adjusted earnings in a range of $31.75 to $33.09 per share
on net sales between $7.68 billion and $7.80 billion.

Previously, the company expected earnings in the range of $25.35 to $27.01 per
share and adjusted earnings in the range of $29.97 to $31.73 per share on net
sales between $7.575 billion and $7.755 billion.

On average, analysts polled by Thomson Reuters expect the company to report
earnings of $31.86 per share on revenues of $7.59 billion for the year.
Analysts' estimates typically exclude special items.

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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
TRANSDIGM GROUP DL-,01 A0JEP3 Frankfurt 1.219,000 13.06.24 08:01:32 +8,500 +0,70% 0,000 0,000 1.219,000 1.219,000

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