Wall Street analysts forecast that TransDigm Group (TDG) will report quarterly earnings of $9.32 per share in its upcoming release, pointing to a year-over-year increase of 2.3%. It is anticipated that revenues will amount to $0 million, exhibiting no change compared to compared to the year-ago quarter.
Over the last 30 days, there has been an upward revision of 0.2% 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.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some TransDigm metrics that Wall Street analysts commonly model and monitor.
The average prediction of analysts places 'Net sales to external customers- Non-aviation' at $41.29 million. The estimate points to a change of +3.2% from the year-ago quarter.
The consensus among analysts is that 'Net sales to external customers- Power & Control- Commercial and non-aerospace aftermarket' will reach $392.12 million. The estimate indicates a year-over-year change of +16.4%.
Analysts predict that the 'Net sales to external customers- Power & Control- Defense' will reach $596.15 million. The estimate indicates a year-over-year change of +11.9%.
The collective assessment of analysts points to an estimated 'Net sales to external customers- Airframe- Commercial and non-aerospace OEM' of $322.19 million. The estimate indicates a year-over-year change of +5.6%.
Analysts forecast 'Net sales to external customers- Airframe- Defense' to reach $386.28 million. The estimate points to a change of +13.3% from the year-ago quarter.
Analysts' assessment points toward 'Net sales to external customers- Power & Control' reaching $1.27 billion. The estimate indicates a change of +14.5% from the prior-year quarter.
The combined assessment of analysts suggests that 'Net sales to external customers- Airframe' will likely reach $1.10 billion. The estimate suggests a change of +9.4% year over year.
Analysts expect 'Net sales to external customers- Power & Control- Commercial and non-aerospace OEM' to come in at $280.74 million. The estimate indicates a change of +18% from the prior-year quarter.
According to the collective judgment of analysts, 'Net sales to external customers- Airframe- Commercial and non-aerospace aftermarket' should come in at $387.52 million. The estimate indicates a change of +8.9% from the prior-year quarter.
Based on the collective assessment of analysts, 'EBITDA- Power & Control' should arrive at $683.76 million. Compared to the current estimate, the company reported $636.00 million in the same quarter of the previous year.
It is projected by analysts that the 'EBITDA- Non-aviation' will reach $21.78 million. Compared to the present estimate, the company reported $16.00 million in the same quarter last year.
The consensus estimate for 'EBITDA- Airframe' stands at $570.17 million. Compared to the current estimate, the company reported $529.00 million in the same quarter of the previous year.
View all Key Company Metrics for TransDigm here>>>Over the past month, shares of TransDigm have returned -2.6% versus the Zacks S&P 500 composite's +12.2% change. Currently, TDG carries a Zacks Rank #4 (Sell), suggesting that it may underperform 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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Transdigm Group Incorporated (TDG): Free Stock Analysis Report
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