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TransDigm (TDG) Q3 Earnings Beat Estimates, FY19 View Raised
TransDigm Group Incorporated TDG reported third-quarter fiscal 2019 adjusted earnings of $4.95 per share, which surpassed the Zacks Consensus Estimate of $4.31 by 14.8%. Moreover, the bottom line increased 23.4% from $4.01 registered a year ago.
Barring one-time items, the company reported GAAP earnings of $2.57 per share compared with $3.91 in the year-ago quarter.
Sales
Net sales amounted to $1,658.3 million, reflecting year-over-year surge of 69.1% from $980.7 million in the prior-year quarter. The reported figure also outpaced the Zacks Consensus Estimate of $1,581 million by 4.9%.
Meanwhile, organic sales grew 11.8%. Acquisition sales contributed $561.4 million, of which $545.3 million were from Esterline Technologies Corporation.
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https://finance.yahoo.com/news/transdigm...02524.html
![[Bild: TDGc1dl1548.png]](https://finviz.com/publish/080619/TDGc1dl1548.png)
TransDigm Group Incorporated TDG reported third-quarter fiscal 2019 adjusted earnings of $4.95 per share, which surpassed the Zacks Consensus Estimate of $4.31 by 14.8%. Moreover, the bottom line increased 23.4% from $4.01 registered a year ago.
Barring one-time items, the company reported GAAP earnings of $2.57 per share compared with $3.91 in the year-ago quarter.
Sales
Net sales amounted to $1,658.3 million, reflecting year-over-year surge of 69.1% from $980.7 million in the prior-year quarter. The reported figure also outpaced the Zacks Consensus Estimate of $1,581 million by 4.9%.
Meanwhile, organic sales grew 11.8%. Acquisition sales contributed $561.4 million, of which $545.3 million were from Esterline Technologies Corporation.
...
https://finance.yahoo.com/news/transdigm...02524.html
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