TransDigm jumps after raising FY profit, revenue forecast - TDG News | RalliesTransDigm jumps after raising FY profit, revenue forecast
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TDG• Broker views and stock performance
- 12 of 23 brokerages rate the stock "buy" or higher, ten "hold" and one "sell" or lower; median PT is $1455
- Including session's move, stock has fallen 2.3% YTD compared with a 11.7% increase in the S&P 500 index .SPX
TransDigm shares rise on upbeat Q3 results
- Shares of aircraft parts maker TransDigm Group TDG.N rise 1.1% to $1,299.15
- Co posts upbeat Q3 results, benefiting from resilient demand for high-margin aftermarket parts
Full-year outlook raised after stronger quarter
- Co raises FY26 adj. EPS forecast to $40.62 - $41.46 from its earlier range of $38.83 to $40.21
- TDG lifts full-year revenue forecast to $10.47 bln to $10.55 bln, up from its prior forecast of $10.3 bln to $10.42 bln
- Posts Q3 adjusted EPS of $10.87 and revenue of $2.74 bln, both beating analysts' consensus estimates - data compiled by LSEG
