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TransDigm Group Incorporated Q1 adjusted earnings Miss Estimates

Below are the earnings highlights for TransDigm Group Incorporated (TDG):

-Earnings: -$23 million in Q1 vs. $119 million in the same period last year.
-EPS: -$0.42 in Q1 vs. $2.07 in the same period last year.
-Excluding items, TransDigm Group Incorporated reported adjusted earnings of $115 million or $1.97 per share for the period.
-Analysts projected $1.99 per share
-Revenue: $1.11 billion in Q1 vs. $1.47 billion in the same period last year.

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