TransDigm Group Reports Fiscal 2019 Third Quarter Results and Declares a Special Cash Dividend of $30.00 Per Share

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TransDigm Group (TDG) Declares $30.00 Special Dividend; 6.5% Yield

August 6, 2019 7:23 AM EDT

TransDigm Group (NYSE: TDG) declared a special dividend of $30.00 per share.

The dividend will be payable on August 23, 2019, to stockholders of record on August 16, 2019, with an ex-dividend date of August 15, 2019.

The annual yield on the dividend is 6.5 percent.

For a dividend... More

TransDigm Group (TDG) Declares $30.00 Special Dividend; 6.5% Yield

August 6, 2019 7:23 AM EDT

TransDigm Group (NYSE: TDG) declared a special dividend of $30.00 per share.

The dividend will be payable on August 23, 2019, to stockholders of record on August 16, 2019, with an ex-dividend date of August 15, 2019.

The annual yield on the dividend is 6.5 percent.

For a dividend... More

TransDigm Group (TDG) Tops Q3 EPS by 65c, Revenues Beat; Raises FY19 EPS Guidance Above Consensus, FY19 Revenue Guidance Above Consensus

August 6, 2019 7:21 AM EDT

TransDigm Group (NYSE: TDG) reported Q3 EPS of $4.95, $0.65 better than the analyst estimate of $4.30. Revenue for the quarter came in at $1.66 billion versus the consensus estimate of $1.58 billion.

Highlights for the third quarter include:

Net sales of $1,658.3 million, up 69.1% from $980.7 million;Net income from continuing operations of $144.5 million, down 33.5% from $217.4 million;Earnings per share from continuing operations of $2.57, down 34.3% from $3.91;EBITDA As Defined of $691.0 million, up 41.8% from $487.1 million;Adjusted earnings per share of $4.95, up 23.4% from $4.01;Esterline net sales contribution of $545.3 million, EBITDA as Defined contribution of $134.4... More