TransDigm Group Reports Fiscal 2024 Second Quarter Results

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Go back to TransDigm Group Reports Fiscal 2024 Second Quarter Results

TransDigm (TDG) PT Raised to $1,400 at RBC Capital

May 8, 2024 6:35 AM EDT

RBC Capital analyst Ken Herbert raised the price target on TransDigm (NYSE: TDG) to $1,400.00 (from $1,300.00) while maintaining a Outperform rating.

The analyst comments "TransDigm Group (TDG) reported strong fiscal 2Q24 results, with organic revenue growth of 16% and adj. EBITDA margins of 53.2%. The company... More

TransDigm Group (TDG) Tops Q2 EPS by 57c, Offers Guidance

May 7, 2024 7:17 AM EDT

TransDigm Group (NYSE: TDG) reported Q2 EPS of $7.99, $0.57 better than the analyst estimate of $7.42. Revenue for the quarter came in at $1.92 billion versus the consensus estimate of $1.88 billion.

GUIDANCE:

TransDigm Group sees FY2024 EPS of $31.75-$33.09, versus the consensus of... More