TransDigm Group's Adjusted Earnings, Sales Decline in Fiscal Q2
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.
Price: 601.37, Change: -6.62, Percent Change: -1.09