We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
TransDigm (TDG) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Read MoreHide Full Article
The upcoming report from TransDigm Group (TDG - Free Report) is expected to reveal quarterly earnings of $7.48 per share, indicating an increase of 4.5% compared to the year-ago period. Analysts forecast revenues of $1.99 billion, representing an increase of 11.5% year over year.
Over the last 30 days, there has been a downward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
In light of this perspective, let's dive into the average estimates of certain TransDigm metrics that are commonly tracked and forecasted by Wall Street analysts.
The average prediction of analysts places 'Net sales to external customers- Non-aviation' at $48.40 million. The estimate indicates a year-over-year change of +15.3%.
Based on the collective assessment of analysts, 'Net sales to external customers- Airframe' should arrive at $935.12 million. The estimate points to a change of +8.5% from the year-ago quarter.
The consensus among analysts is that 'Net sales to external customers- Power & Control' will reach $977.02 million. The estimate indicates a change of +10.4% from the prior-year quarter.
The consensus estimate for 'Net sales to external customers- Airframe- Commercial and non-aerospace OEM' stands at $276.49 million. The estimate indicates a year-over-year change of +1.7%.
Analysts forecast 'Net sales to external customers- Airframe- Defense' to reach $304.38 million. The estimate points to a change of +14.4% from the year-ago quarter.
Analysts predict that the 'Net sales to external customers- Power & Control- Defense' will reach $443.58 million. The estimate indicates a change of +7.7% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Net sales to external customers- Power & Control- Commercial and non-aerospace aftermarket' of $333.97 million. The estimate indicates a year-over-year change of +12.8%.
Analysts expect 'Net sales to external customers- Power & Control- Commercial and non-aerospace OEM' to come in at $182.49 million. The estimate points to a change of +3.1% from the year-ago quarter.
Analysts' assessment points toward 'Net sales to external customers- Airframe- Commercial and non-aerospace aftermarket' reaching $352.32 million. The estimate points to a change of +8.7% from the year-ago quarter.
It is projected by analysts that the 'EBITDA- Power & Control' will reach $535.76 million. The estimate compares to the year-ago value of $509 million.
The combined assessment of analysts suggests that 'EBITDA- Non-aviation' will likely reach $18.34 million. Compared to the present estimate, the company reported $17 million in the same quarter last year.
According to the collective judgment of analysts, 'EBITDA- Airframe' should come in at $461.50 million. Compared to the present estimate, the company reported $431 million in the same quarter last year.
Over the past month, shares of TransDigm have returned +8.8% versus the Zacks S&P 500 composite's +2.9% 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 >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
TransDigm (TDG) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
The upcoming report from TransDigm Group (TDG - Free Report) is expected to reveal quarterly earnings of $7.48 per share, indicating an increase of 4.5% compared to the year-ago period. Analysts forecast revenues of $1.99 billion, representing an increase of 11.5% year over year.
Over the last 30 days, there has been a downward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
In light of this perspective, let's dive into the average estimates of certain TransDigm metrics that are commonly tracked and forecasted by Wall Street analysts.
The average prediction of analysts places 'Net sales to external customers- Non-aviation' at $48.40 million. The estimate indicates a year-over-year change of +15.3%.
Based on the collective assessment of analysts, 'Net sales to external customers- Airframe' should arrive at $935.12 million. The estimate points to a change of +8.5% from the year-ago quarter.
The consensus among analysts is that 'Net sales to external customers- Power & Control' will reach $977.02 million. The estimate indicates a change of +10.4% from the prior-year quarter.
The consensus estimate for 'Net sales to external customers- Airframe- Commercial and non-aerospace OEM' stands at $276.49 million. The estimate indicates a year-over-year change of +1.7%.
Analysts forecast 'Net sales to external customers- Airframe- Defense' to reach $304.38 million. The estimate points to a change of +14.4% from the year-ago quarter.
Analysts predict that the 'Net sales to external customers- Power & Control- Defense' will reach $443.58 million. The estimate indicates a change of +7.7% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Net sales to external customers- Power & Control- Commercial and non-aerospace aftermarket' of $333.97 million. The estimate indicates a year-over-year change of +12.8%.
Analysts expect 'Net sales to external customers- Power & Control- Commercial and non-aerospace OEM' to come in at $182.49 million. The estimate points to a change of +3.1% from the year-ago quarter.
Analysts' assessment points toward 'Net sales to external customers- Airframe- Commercial and non-aerospace aftermarket' reaching $352.32 million. The estimate points to a change of +8.7% from the year-ago quarter.
It is projected by analysts that the 'EBITDA- Power & Control' will reach $535.76 million. The estimate compares to the year-ago value of $509 million.
The combined assessment of analysts suggests that 'EBITDA- Non-aviation' will likely reach $18.34 million. Compared to the present estimate, the company reported $17 million in the same quarter last year.
According to the collective judgment of analysts, 'EBITDA- Airframe' should come in at $461.50 million. Compared to the present estimate, the company reported $431 million in the same quarter last year.
View all Key Company Metrics for TransDigm here>>>
Over the past month, shares of TransDigm have returned +8.8% versus the Zacks S&P 500 composite's +2.9% 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 >>>>