2Mo·

TransDigm Group reports profit increase in the third quarter, but misses estimates

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.

https://www.rttnews.com/3562000/transdigm-group-incorporated-q3-profit-increases-but-misses-estimates.aspx

61 Commentaires

toscho@toscho

2Mo

It's always the same, in the end the (good) figures will also be reflected in the share price... Patience is required. I will buy more if it comes down a bit.

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MrStonkss@MrStonkss

2Mo

Are you buying after my dear?

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Tenbagger2024@Tenbagger2024

2Mo

@MrStonkss
Are you already in? Or are you thinking about a new entry?

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MrStonkss@MrStonkss

2Mo

@Tenbagger2024 I bought the share once, then it more or less just ran to the side, but I'm watching it all the time because I'm generally interested in the aerospace sector. It's actually a new entry, but I've had it before.

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MrStonkss@MrStonkss

2Mo

@Tenbagger2024 What are you doing?

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Tenbagger2024@Tenbagger2024

2Mo

@MrStonkss
Otherwise, $HEI would also be interesting in this sector

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Tenbagger2024@Tenbagger2024

2Mo

@MrStonkss
I also have $MTX in this sector.
$LHX I also find it interesting

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MrStonkss@MrStonkss

2Mo

@Tenbagger2024 $MTX I used to have one too, and I observe $HEI in the same way as $TDG

But I can't make up my mind. And then there's Airbus

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Tenbagger2024@Tenbagger2024

2Mo

@MrStonkss
It is often not so easy to make the right decision

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MrStonkss@MrStonkss

2Mo

@Tenbagger2024 hahaha I love your scales answers, but very clever. I'll ask differently: what do you think is the right decision :)

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Tenbagger2024@Tenbagger2024

2Mo

@MrStonkss
I liked MTU's figures very much, and I still get a dividend here.
But I also see it as a good alternative
$RR. but no longer cheap.

A little more speculative would be
$AVIO a great growth stock but also no longer cheap

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MrStonkss@MrStonkss

2Mo

@Tenbagger2024 $AVIO I don't know, I'll take a look. I find MTU very interesting yes, the figures were also very good. MTU could also be interesting in that respect when the B777X is finally released, because MTU makes the parts for the low-pressure turbine there, as it does in almost every turbine, do you think that's interesting in that respect?

RR I'm too late, as you say it's no longer cheap.

$AVAV also very interesting, but I also missed it and don't know whether it makes sense to get in now.

But what is also interesting to talk about is what aerospace will look like in the next few years, are we going in the direction of hydrogen or will it stay that way. Which manufacturer can cover the future sector. $AIR will also be interesting when their new fighter jet is released.

What do you think of the space industry in terms of satellites and safety up there? What about the future? Do you know any interesting stocks?

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Voir toutes les 43 autres réponses

MrStonkss@MrStonkss

1Mo

What's going on with Trans Digm, they don't catch anything anymore

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Tenbagger2024@Tenbagger2024

1Mo

@MrStonkss
Are you invested?
The whole market is not that exciting.
But transdigm pays a dividend of 90$ per share

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MrStonkss@MrStonkss

1Mo