TransDigm raises FY26 adjusted EPS view to $38.83-$40.21 from $37.42-$39.34

FY26 consensus $39.10. Raises FY26 revenue view to $10.3B-$10.42B from $9.845B-$10.035B, consensus $10.1B. CEO Lisman stated, “We are pleased to once again raise our full year fiscal 2026 financial guidance to reflect our strong second quarter performance and incorporate the recently closed acquisition of Jet Parts Engineering and Victor Sierra. At the mid-point, we are increasing guidance for sales by $420 million, EBITDA As Defined guidance by $210 million, and adjusted EPS by $1.14. The large majority of this guidance increase is coming from stronger than expected performance in our base business, with a smaller amount of the increase derived from the inclusion of the recent acquisitions. While increasing full-year guidance, we recognize there is uncertainty in the broader aerospace environment which, depending on the duration, may impact our markets, specifically commercial aftermarket. Based on the strong performance to date as well as our near-term outlook, we shifted our market channel guidance upward. This guidance excludes any contribution from the pending acquisition of Stellant. The current environment is very dynamic and we will continue to monitor the markets closely as the year progresses.”