TransDigm (TDG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Lee Munson stands by Deckers (DECK) as one of his top picks in the market. With its Hoka and Ugg brands, Lee believes the stock will drive momentum into 2025 even as it trades near its all-time high.
Elon Musk and Vivek Ramaswamy are targeting lowering government spending with the newly announced Department of Government Efficiency (or D.O.G.E. for short).
TransDigm Group Incorporated achieved over 20% growth in sales and EBITDA, beating FY24 estimates and guiding for continued double-digit growth in FY25. The company's revenue is primarily driven by aftermarket sales, with a strong outlook for mid-to-high single-digit growth across various segments. Despite potential challenges, TransDigm remains attractive due to its successful M&A strategy and potential for special dividends, offering a 16% upside.
TransDigm's Q4'24 results show strong performance with a 19% EBITDA increase, driven by robust growth in Commercial OEM and Aftermarket sales. The company continues its aggressive M&A strategy, acquiring SEI Industries, an electron device business, and Raptor Scientific, adding significant high-margin revenue streams. Elevated debt levels and potential regulatory scrutiny pose risks, potentially limiting M&A flexibility and impacting future growth.
TransDigm Group Incorporated (NYSE:TDG ) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Jaimie Stemen - Director, Investor Relations Kevin Stein - President and Chief Executive Officer Joel Reiss - Co-Chief Operating Officer Sarah Wynne - Chief Financial Officer Mike Lisman - Co-Chief Operating Officer Conference Call Participants Sheila Kahyaoglu - Jefferies David Strauss - Barclays Gautam Khanna - TD Cowen Ron Epstein - Bank of America Robert Stallard - Vertical Research Robert Spingarn - Melius Research Myles Walton - Wolfe Research Scott Deuschle - Deutsche Bank Gavin Parsons - UBS Ken Herbert - RBC Capital Markets Jason Gursky - Citi Peter Arment - Baird Operator Good day, and thank you for standing by. Welcome to the Fourth Quarter 2024 TransDigm Group Earnings Conference Call.
TDG's Q4 net sales of $2.19 billion rises 18% from the prior-year level. The reported figure also beats the Zacks Consensus Estimate by 1.1%.
TransDigm Group (TDG) came out with quarterly earnings of $9.83 per share, beating the Zacks Consensus Estimate of $9.24 per share. This compares to earnings of $8.03 per share a year ago.
TDG's fiscal Q4 results are likely to reflect solid sales across its major business segments and the benefits of higher interest income.
Besides Wall Street's top -and-bottom-line estimates for TransDigm (TDG), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
TransDigm (TDG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TransDigm (TDG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.