Seeking Alpha

TransDigm Group (TDG +4.8%) trades up after its FQ1 beat estimates earlier today. Profits soared...

TransDigm Group (TDG +4.8%) trades up after its FQ1 beat estimates earlier today. Profits soared 50% Y/Y due to prior-year refinancing costs and a big boost from acquisitions. The company also raises its FY12 forecast, now expecting an EPS between $5.66 - $6 on revenue of $1.47B - $1.51B, above the Street EPS view of $5.58 on $1.47B in revenue.
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