Nov 12 (Reuters) - Aircraft parts maker TransDigm Group ( TDG )
on Wednesday forecast 2026 profit above Wall Street
estimates after posting a better-than-expected profit for the
fourth quarter, on strong demand for its aftermarket parts.
The Cleveland, Ohio-based company now sees 2026 adjusted per
share profit between $36.49 and $38.53, the midpoint of which is
above analysts' estimates of $36.71 per share, according to data
compiled by LSEG.
"Across our end markets, we expect the commercial OEM market
to see the highest rate of growth as we support increasing build
rates at the OEMs," said CEO Mike Lisman.
Carriers, amid delays in aircraft deliveries, resort to
replacing old airplane parts to maximize operational efficiency,
driving up demand for TransDigm's ( TDG ) commercial aftermarket parts.
Lisman, who took the helm at the beginning of October, added
that the company expects continued growth in its commercial
aftermarket and defense end markets, "where the overall trends
remain quite positive."
While TransDigm ( TDG ) has predominantly benefited from booming
demand for repairs on older jets in recent quarters, it also
sells OEM parts to Boeing ( BA ) and Airbus.
TransDigm's ( TDG ) adjusted profit rose to $10.82 per share in the
quarter ended September 30, up from $9.83 per share a year ago.
Analysts, on an average, expected a profit of $10.04 per share.
TransDigm's ( TDG ) fourth-quarter revenue rose 11.5% to $2.44
billion, beating estimates of $2.4 billion.