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Unlocking Q1 Potential of TransDigm (TDG): Exploring Wall Street Estimates for Key Metrics
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Wall Street analysts forecast that TransDigm Group (TDG - Free Report) will report quarterly earnings of $6.37 per share in its upcoming release, pointing to a year-over-year increase of 39.1%. It is anticipated that revenues will amount to $1.67 billion, exhibiting an increase of 19.6% compared to the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.4% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Given this perspective, it's time to examine the average forecasts of specific TransDigm metrics that are routinely monitored and predicted by Wall Street analysts.
Based on the collective assessment of analysts, 'Net sales to external customers- Non-aviation' should arrive at $37.87 million. The estimate points to a change of +8.2% from the year-ago quarter.
The consensus among analysts is that 'Net sales to external customers- Airframe' will reach $824.87 million. The estimate suggests a change of +29.5% year over year.
It is projected by analysts that the 'Net sales to external customers- Power & Control' will reach $813.55 million. The estimate indicates a change of +12.2% from the prior-year quarter.
The combined assessment of analysts suggests that 'EBITDA- Power & Control' will likely reach $462.21 million. The estimate compares to the year-ago value of $401 million.
The average prediction of analysts places 'EBITDA- Non-aviation' at $15.37 million. Compared to the present estimate, the company reported $14 million in the same quarter last year.
Analysts' assessment points toward 'EBITDA- Airframe' reaching $392.46 million. Compared to the present estimate, the company reported $312 million in the same quarter last year.
Over the past month, shares of TransDigm have returned +14.8% versus the Zacks S&P 500 composite's +4.6% change. Currently, TDG carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Unlocking Q1 Potential of TransDigm (TDG): Exploring Wall Street Estimates for Key Metrics
Wall Street analysts forecast that TransDigm Group (TDG - Free Report) will report quarterly earnings of $6.37 per share in its upcoming release, pointing to a year-over-year increase of 39.1%. It is anticipated that revenues will amount to $1.67 billion, exhibiting an increase of 19.6% compared to the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.4% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Given this perspective, it's time to examine the average forecasts of specific TransDigm metrics that are routinely monitored and predicted by Wall Street analysts.
Based on the collective assessment of analysts, 'Net sales to external customers- Non-aviation' should arrive at $37.87 million. The estimate points to a change of +8.2% from the year-ago quarter.
The consensus among analysts is that 'Net sales to external customers- Airframe' will reach $824.87 million. The estimate suggests a change of +29.5% year over year.
It is projected by analysts that the 'Net sales to external customers- Power & Control' will reach $813.55 million. The estimate indicates a change of +12.2% from the prior-year quarter.
The combined assessment of analysts suggests that 'EBITDA- Power & Control' will likely reach $462.21 million. The estimate compares to the year-ago value of $401 million.
The average prediction of analysts places 'EBITDA- Non-aviation' at $15.37 million. Compared to the present estimate, the company reported $14 million in the same quarter last year.
Analysts' assessment points toward 'EBITDA- Airframe' reaching $392.46 million. Compared to the present estimate, the company reported $312 million in the same quarter last year.
View all Key Company Metrics for TransDigm here>>>
Over the past month, shares of TransDigm have returned +14.8% versus the Zacks S&P 500 composite's +4.6% change. Currently, TDG carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>