TransDigm Group Incorporated Q4 Profit Increases, beats estimates

(RTTNews) - TransDigm Group Incorporated (TDG) released a profit for its fourth quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $266 million, or $3.98 per share. This compares with $209 million, or $3.58 per share, in last year's fourth quarter.

Excluding items, TransDigm Group Incorporated reported adjusted earnings of $313 million or $5.50 per share for the period.

Analysts on average had expected the company to earn $5.20 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 18.0% to $1.51 billion from $1.28 billion last year.

TransDigm Group Incorporated earnings at a glance (GAAP) :

-Earnings (Q4): $266 Mln. vs. $209 Mln. last year. -EPS (Q4): $3.98 vs. $3.58 last year. -Analyst Estimate: $5.20 -Revenue (Q4): $1.51 Bln vs. $1.28 Bln last year.