My dears, it's happening again.
Good figures, but below estimates.
And it's going down.
TransDigm Group Incorporated ( TDG ) reported third-quarter earnings that were up from the year-ago period but missed Wall Street estimates.
The company's profit amounted to 492 million US dollars, or 8.47 US dollars per share. In the previous year, the figure was USD 461 million or USD 7.96 per share.
Excluding special items, TransDigm Group Incorporated reported adjusted earnings of USD 558 million, or USD 9.60 per share, for the period.
On average, analysts had expected earnings of USD 9.90 per share. The analysts' estimates generally do not include any special effects.
The company's turnover rose by 9.3% to USD 2.237 billion in this period compared to USD 2.046 billion in the previous year.
Profits of TransDigm Group Incorporated at a glance (GAAP):
- Net income: $492 million compared to $461 million in the prior year.
- Earnings per share: USD 8.47 compared to USD 7.96 in the previous year.
- Sales: USD 2.237 billion compared to USD 2.046 billion in the previous year.
- Forecast :
EPS forecast for the full year: USD 36.33 - 37.15.
Sales forecast for the full year: USD 8,760 - 8,820 million.
