TransDigm Gr TDG will release its quarterly earnings report on Thursday, 2024-11-07. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate TransDigm Gr to report an earnings per share (EPS) of $9.27.
The announcement from TransDigm Gr is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings Track Record
The company's EPS beat by $0.48 in the last quarter, leading to a 2.86% drop in the share price on the following day.
Here's a look at TransDigm Gr's past performance and the resulting price change:
Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
---|---|---|---|---|
EPS Estimate | 8.52 | 7.42 | 6.41 | 7.53 |
EPS Actual | 9 | 7.99 | 7.16 | 8.03 |
Price Change % | -3.0% | 0.0% | -1.0% | 2.0% |
Market Performance of TransDigm Gr's Stock
Shares of TransDigm Gr were trading at $1337.6 as of November 05. Over the last 52-week period, shares are up 41.44%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for TransDigm Gr visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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