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TransDigm Group Incorporated (TDG) Stock News, Jul-Oct 2020

TDG NYSE

TransDigm Group Incorporated reports developments for a designer, producer and supplier of highly engineered aircraft components used in commercial and military aerospace markets. News commonly covers fiscal-quarter results, sales and margin trends, guidance updates, and demand across commercial aftermarket, commercial OEM and defense channels.

The company’s updates also reflect its acquisition-driven model and use of debt financing. Recent completed transactions added Jet Parts Engineering and Victor Sierra Aviation Holdings, businesses focused on proprietary PMA components, OEM-alternative parts, repairs and other commercial aerospace aftermarket products.

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TransDigm Group (NYSE: TDG) will report its fiscal 2020 fourth quarter earnings on November 12, 2020, before market opening. A conference call is scheduled at 11:00 a.m. ET to discuss the results, and investors can join via dial-in or online webcast. The call will be archived for later access. TransDigm is a leading aerospace component supplier for both commercial and military aircraft, offering a wide range of engineered products.

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TransDigm Group (NYSE: TDG) reported its third-quarter results for the fiscal year ending June 27, 2020, significantly impacted by the COVID-19 pandemic. Net sales fell 32.8% to $1,022 million, while net loss from continuing operations was $(5) million. Adjusted earnings per share dropped 66.9% to $1.54. EBITDA As Defined decreased 35.7% to $424 million, with a margin of 41.5%. The company suspended its 2020 financial guidance due to ongoing uncertainties. Despite challenges, management expressed optimism about recovery signs in commercial aerospace.

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TransDigm Group (NYSE: TDG) will announce its fiscal 2020 third quarter earnings on August 4, 2020, before market opening. A conference call is scheduled for 11:00 a.m. Eastern Time, where participants can join by calling (833) 397-0943 or via an online webcast. TransDigm is a leading global supplier of engineered aircraft components for commercial and military aircraft, offering a wide range of products including actuators, ignition systems, pumps, motors, and cockpit components.

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FAQ

What is the current stock price of TransDigm Group (TDG)?

TransDigm Group (TDG) last closed at $1136.53.

What is the market cap of TransDigm Group (TDG)?

The market cap of TransDigm Group (TDG) is approximately $62.8B.