Industrial Goods | Aerospace/Defense Products & Services | USA
TransDigm (TDG) Q1 Earnings Beat Estimates, FY19 View Up
TransDigm Group Incorporated TDG reported first-quarter fiscal 2019 adjusted earnings of $3.85 per share, which surpassed the Zacks Consensus Estimate of $3.35 by 14.9%. However, the bottom line declined 31% from $5.58 registered a year ago.
Barring one-time items, the company reported GAAP earnings of $3.05 per share compared with $4.65 in the year-ago quarter. The year-over-year bottom-line growth was driven by increase in net sales and improvements in operating margin resulting from continued productivity efforts.
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https://finance.yahoo.com/news/transdigm...03472.html
TransDigm (TDG) Q1 Earnings Beat Estimates, FY19 View Up
TransDigm Group Incorporated TDG reported first-quarter fiscal 2019 adjusted earnings of $3.85 per share, which surpassed the Zacks Consensus Estimate of $3.35 by 14.9%. However, the bottom line declined 31% from $5.58 registered a year ago.
Barring one-time items, the company reported GAAP earnings of $3.05 per share compared with $4.65 in the year-ago quarter. The year-over-year bottom-line growth was driven by increase in net sales and improvements in operating margin resulting from continued productivity efforts.
...
https://finance.yahoo.com/news/transdigm...03472.html