TransDigm's (TDG) net sales of $1.92 billion increases 20.5% from the prior-year period's level. The reported figure also beat the Zacks Consensus Estimate by 1.8%.
Strong Sales Growth Drives Performance, Despite Miss on EPS Estimates
TransDigm (TDG) delivered earnings and revenue surprises of 8.41% and 1.79%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?