TransDigm Q4 Earnings: Analysts' Expectations
Key Metrics:
* Revenue: $2.04 billion (estimated), representing a 13.8% year-over-year growth
* Adjusted Earnings: $7.74 per share (estimated)
Analysts' Outlook:
* Analysts have maintained their revenue estimates, suggesting a stable business outlook.
* TransDigm has missed revenue expectations thrice in the past two years.
Industry Context:
* AAR exceeded revenue estimates by 4.8% with a 25.8% year-over-year growth.
* Textron missed revenue estimates by 5.9%, resulting in a 7.2% decline.
Market Performance:
* Aerospace stocks have remained stable leading up to earnings.
* TransDigm has gained 7% over the past month, with an average analyst price target of $1,490.
Dividend and Buyback:
* TransDigm may consider share buybacks due to its strong financial position.