TransDigm: Fiscal Q3 Earnings Snapshot

August 9, 2022 GMT

CLEVELAND (AP) _ TransDigm Group Inc. (TDG) on Tuesday reported fiscal third-quarter earnings of $238 million.

On a per-share basis, the Cleveland-based company said it had net income of $4.10. Earnings, adjusted for one-time gains and costs, came to $4.85 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $4.46 per share.

The aircraft components maker posted revenue of $1.4 billion in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $1.43 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TDG at https://www.zacks.com/ap/TDG