TransDigm Group Incorporated Q4 adjusted earnings Beat Estimates

(RTTNews) - TransDigm Group Incorporated (TDG) revealed earnings for its fourth quarter that increased from the same period last year.

The company's earnings came in at $209 million, or $3.58 per share. This compares with $82 million, or $1.43 per share, in last year's fourth quarter.

Excluding items, TransDigm Group Incorporated reported adjusted earnings of $248 million or $4.25 per share for the period.

Analysts had expected the company to earn $3.70 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.4% to $1.28 billion from $1.17 billion last year.

TransDigm Group Incorporated earnings at a glance:

-Earnings (Q4): $248 Mln. vs. $166 Mln. last year. -EPS (Q4): $4.25 vs. $2.89 last year. -Analysts Estimate: $3.70 -Revenue (Q4): $1.28 Bln vs. $1.17 Bln last year.