TransDigm Group Reports Fiscal 2019 Fourth Quarter and Year-End Results

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TransDigm Group (TDG) Tops Q4 EPS by 38c, Revenues Miss; Offers FY20 EPS/Revenue Guidance Below Consensus

November 19, 2019 7:20 AM EST

TransDigm Group (NYSE: TDG) reported Q4 EPS of $5.62, $0.38 better than the analyst estimate of $5.24. Revenue for the quarter came in at $1.54 billion versus the consensus estimate of $1.61 billion.

Fourth quarter highlights include:

Net sales of $1,541.3 million, up 46.9% from $1,049.4 million;Net income from continuing operations of $316.0 million, up 37.2% from $230.3 million;Earnings per share from continuing operations of $4.08, down 1.4% from $4.14;EBITDA As Defined of $707.2 million, up 34.8% from $524.8 million; andAdjusted earnings per share of $5.62, up 26.6% from $4.44.

"We are pleased with our operating results and the strength of the consolidated... More