TransDigm Q4 Earnings Rise - Quick Facts

(RTTNews) - TransDigm Group Inc. (TDG) Thursday reported fourth-quarter earnings which increased, helped by 19 percent growth in net sales.

For the three months to September, the aircraft components maker's net earnings rose to $114.25 million, from $84.03 million a year earlier. On a per-share basis, the company reported earnings of $1.91, compared with a loss of $0.20 in the prior-year period, which included $95.14 million of dividend payments.

Excluding certain items, per-share earnings were $2.21 for the quarter. On average, sixteen analysts polled by Thomson-Reuters estimated earnings to be $2.02. Analysts' estimates typically exclude one-time items.

Net sales increased to $642.24 million, from $539.74 million last year, above the $631.54 million Wall Street expected.

For fiscal 2015, the company expects earnings of $429 million to $443 million, or $7.51 to $7.77 per share, on net sales of $2.510 billion to $2.550 billion. On an adjusted basis, the company expects earnings of $8.03 to $8.29 per share.

Analysts expect earnings of $8.41 on revenues of $2.57 billion for fiscal 2015.