TransDigm: Fiscal Q3 Earnings Snapshot
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.