CLEVELAND (AP) 鈥� CLEVELAND (AP) 鈥� TransDigm Group Inc. (TDG) on Tuesday reported fiscal third-quarter earnings of $539 million.
On a per-share basis, the Cleveland-based company said it had profit of $9.39. Earnings, adjusted for one-time gains and costs, were $10.87 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $10.29 per share.
The aircraft components maker posted revenue of $2.74 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $2.67 billion.
TransDigm expects full-year earnings in the range of $40.62 to $41.46 per share, with revenue in the range of $10.47 billion to $10.55 billion.
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