TransDigm Group Reports Fiscal 2020 Second Quarter Results

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Go back to TransDigm Group Reports Fiscal 2020 Second Quarter Results

TransDigm Group (TDG) Tops Q2 EPS by 74c, Revenues Miss

May 5, 2020 7:18 AM EDT

TransDigm Group (NYSE: TDG) reported Q2 EPS of $5.10, $0.74 better than the analyst estimate of $4.36. Revenue for the quarter came in at $1.44 billion versus the consensus estimate of $1.45 billion.

Second quarter highlights include:

Net sales of $1,443 million, up 23.5% from $1,168 million;Net income from continuing operations of $323 million, up 61.5% from $200 million;Earnings per share from continuing operations of $5.63, up 58.1% from... More