07:54 AM EDT, 05/07/2024 (MT Newswires) -- TransDigm Group ( TDG ) reported fiscal Q2 adjusted earnings Tuesday of $7.99 per share, up from $5.98 a year earlier.

Analysts polled by Capital IQ expected $7.41.

Net sales for the quarter ended March 30 were $1.92 billion, up from $1.59 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.88 billion.

For fiscal 2024, the company said it now expects adjusted earnings in the range of $31.75 to $33.09 per share, up from its prior range of $29.97 to $31.73. Analysts polled by Capital IQ expect $31.86. Net sales for the fiscal year are now anticipated in the range of $7.68 billion to $7.80 billion, up from its previous range of $7.58 billion to $7.76 billion. Analysts surveyed by Capital IQ expect $7.72 billion.

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