TDG Beats 4Q, Lags Full Year Est.
TransDigm Group Incorporated (NYSE:TDG) reported fourth-quarter fiscal 2011 earnings per share from continuing operations of $1.20, outpacing the Zacks Consensus Estimate by 4 cent and prior-year earnings of 96 cents. TransDigm’s income in the quarter was negatively affected by acquisition-related expenses of $8.6 million and higher interest expense related to the refinancing of the company’s [...]
TransDigm Group Incorporated (NYSE:TDG) reported fourth-quarter fiscal 2011 earnings per share from continuing operations of $1.20, outpacing the Zacks Consensus Estimate by 4 cent and prior-year earnings of 96 cents.
TransDigm’s income in the quarter was negatively affected by acquisition-related expenses of $8.6 million and higher interest expense related to the refinancing of the company’s debt structure in the first quarter of fiscal 2011.
For fiscal 2011, earnings per share from continuing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards