TransDigm Group Reports Fiscal 2021 Second Quarter Results

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TransDigm Group (TDG) Tops Q2 EPS by 7c, Revenues Beat

May 11, 2021 7:19 AM EDT

TransDigm Group (NYSE: TDG) reported Q2 EPS of $2.58, $0.07 better than the analyst estimate of $2.51. Revenue for the quarter came in at $1.19 billion versus the consensus estimate of $1.17 billion.

Second quarter highlights include:

Net sales of $1,194 million, down 17.3% from $1,443 million in the prior year's quarter;Income from continuing operations of $105... More