TransDigm Group Reports Fiscal 2020 Third Quarter Results

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TransDigm Group (TDG) Tops Q3 EPS by 57c

August 4, 2020 7:18 AM EDT

TransDigm Group (NYSE: TDG) reported Q3 EPS of $1.54, $0.57 better than the analyst estimate of $0.97. Revenue for the quarter came in at $1.022 billion versus the consensus estimate of $1.02 billion.

Third quarter highlights include:

Net sales of $1,022 million, down 32.8% from $1,521 million in the prior year's quarter;Loss from continuing operations of $(5) million;Loss per share from continuing operations of $(0.09);EBITDA As Defined of $424 million, representing a... More