NewzCLEVELAND (AP) — CLEVELAND (AP) — 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.
_____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TDG at https://www.zacks.com/ap/TDG Source (ENTG) on Tuesday reported second-quarter profit of $93.6 million.
The Billerica, Massachusetts-based company said it had net income of 61 cents per share. Earnings, adjusted for one-time gains and costs, came to 93 cents per share. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share.
The maker of equipment used in chip manufacturing posted revenue of $883.2 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $839.9 million. For the current quarter ending in September, Entegris expects its per-share earnings to range from 96 cents to $1.04.
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