Benzinga | Nov 15, 2021 11:22AM EST

Earnings Preview For TransDigm Group

TransDigm Gr (NYSE:TDG) is set to give its latest quarterly earnings report on Tuesday, 2021-11-16. Here's what investors need to know before the announcement.

Analysts estimate that TransDigm Gr will likely report an Earnings Per Share (EPS) of $3.69

TransDigm Gr bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat on EPS by 13.65%, which was followed by a 0.49% increase in the share price the next day.

Here's a look at TransDigm Gr's past performance and the resulting price change:



Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 2.93 2.51 1.99 1.98EPS Actual 3.33 2.58 1.97 2.89Price Change % 0.49% -3.64% -2.84% 1.84%

Stock Performance

Shares of TransDigm Gr were trading at $643 as of November 12. Over the last 52-week period, shares are up 11.62%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.