08:00 AM EDT, 08/06/2024 (MT Newswires) -- TransDigm Group ( TDG ) reported fiscal Q3 adjusted earnings Tuesday of $9 per diluted share, up from $7.25 a year earlier.

Analysts polled by Capital IQ expected $8.51.

Net sales for the quarter ended June 29 were $2.05 billion, up from $1.74 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.01 billion.

For fiscal 2024, the company said it now expects adjusted earnings in the range of $32.62 to $33.42 per share, up from its prior range of $31.75 to $33.09, on net sales of between $7.87 billion to $7.93 billion, up from its previous guidance of $7.68 billion to $7.80 billion. Analysts polled by Capital IQ expect adjusted earnings of $33.07 per share on net sales of $7.85 billion.

TransDigm's ( TDG ) shares rose nearly 3.3% in recent Tuesday premarket activity.

Price: 1,249.00, Change: +39.55, Percent Change: +3.27