TransDigm Group (TDG) Reports In-Line Q2 EPS, Revs Miss; Updates Outlook

TransDigm Group (NYSE: TDG) reported Q2 EPS of $3.02, in-line with the analyst estimate of $3.02. Revenue for the quarter came in at $873.2 million versus the consensus estimate of $891.79 million.

GUIDANCE:

Mr. Howley continued, "We are updating the full year fiscal 2017 guidance primarily to reflect our current expectations for the second half of our fiscal year, the recent acquisition of Schroth, lower weighted average shares and higher interest expense."

TransDigm Group sees FY2017 EPS of $12.09-$12.33, versus the consensus of $12.22. TransDigm Group sees FY2017 revenue of $3.53-3.57 million, versus the consensus of $3.56 million. EBITDA As Defined is anticipated to be in the range of $1,693 million to $1,713 million compared with $1,495 million in fiscal 2016.

For earnings history and earnings-related data on TransDigm Group (TDG) click here.

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