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TransDigm Group's Adjusted Earnings, Sales Decline in Fiscal Q2

05/11/2021 03:39

07:39 AM EDT, 05/11/2021 (MT Newswires) -- TransDigm Group (TDG) reported Tuesday fiscal Q2 adjusted earnings of $2.58 per share, down from $5.10 per share a year earlier.

Analysts polled by Capital IQ projected adjusted EPS of $2.54.

Net sales were $1.19 billion, down from $1.44 billion a year ago. The Street forecast was $1.18 billion.

The company did not provide fiscal 2021 guidance due to the uncertainty surrounding the ongoing COVID-19 pandemic.

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