TransDigm Shares Slip as Fiscal 2027 Earnings Outlook Trails Estimates

TransDigm Group Incorporated shares fell 1.4% before the market opened Tuesday, Nov. 10, after its fiscal 2027 adjusted earnings outlook landed below analyst consensus despite a revenue forecast above consensus.

TransDigm projected adjusted earnings of $47.09 to $47.94 per share for fiscal 2027, compared with the $48.66 analyst consensus. It forecast revenue of $11.95 billion to $12.15 billion and expects adjusted earnings to grow about 15% from fiscal 2026.

Fourth-quarter results beat expectations. For fiscal 2027, TransDigm expects high-single-digit to low-double-digit growth in commercial aircraft original-equipment revenue, along with high-single-digit growth in commercial aftermarket and defense revenue.

Long-term debt rose to $33.74 billion. Higher interest expenses and acquisition-related costs weighed on earnings.