earnings
confidence high
sentiment positive
materiality 0.80
TransDigm Q3 sales $2,046M (+17%); EPS $7.96, adj EPS $9.00; raises FY guidance
TransDigm Group INC
2024-Q3 EPS reported
$19.81
revenue$5,754,000,000
- Net income $461M (+31% YoY); adjusted net income $521M, adj EPS $9.00 vs $7.25.
- EBITDA As Defined $1,091M, margin 53.3% vs 52.5% prior year; organic sales growth 14.6%.
- Closed three acquisitions totaling $2.2B: SEI, CPI Electron Device, Raptor Scientific.
- Raised FY2024 guidance: sales $7,870M-$7,930M; EBITDA As Defined $4,100M-$4,160M.
- Repriced $997M Term Loan J to SOFR+2.50%; amended $2,644M Term Loan I to extended maturity.