WASHINGTON (dpa-AFX) - While reporting financial results for the second quarter on Tuesday, TransDigm Group Inc. (TDG) raised its earnings, adjusted earnings and net sales guidance for the full-year 2024, to reflect TransDigm's continued strong performance.
For fiscal 2024, the company now projects earnings in a range of $26.06 to $27.40 per share and adjusted earnings in a range of $31.75 to $33.09 per share on net sales between $7.68 billion and $7.80 billion.
Previously, the company expected earnings in the range of $25.35 to $27.01 per share and adjusted earnings in the range of $29.97 to $31.73 per share on net sales between $7.575 billion and $7.755 billion.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $31.86 per share on revenues of $7.59 billion for the year. Analysts' estimates typically exclude special items.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX