Please use the following link to access our thoughts on TDG's Q4, FY'22, and FY'23 guidance.
Please use the following link to access our thoughts on TransDigm's third fiscal quarter, as well as our forward outlook for the shares.
Please use the following link to access our thoughts on TDG's fiscal Q2'22, as well as our forward outlook for the shares.
Please use the following link to access our thoughts on TDG's Q1 report and conference call.
Attached please find the results of our recent diligence conversations, as well as any of Antrim's reactions to earnings which did not merit a standalone report.
Please follow the link to download our thoughts in reaction to the company's Q2 report and management commentary.
In this issue of Short Shrift, please find our thoughts and diligence notes on a pipeline name that we've decided to pass on: Middleby Corporation (Nasdaq:MIDD), as well a brief earnings preview and warning ahead of Snap-On, Inc.'s (NYSE:SNA) earnings report scheduled for Thursday morning. In addition, we have some brief thoughts to share on recent divestitures at TransDigm Group, Inc. (NYSE:TDG).
In this month's issue of Short Shrift, please find our thoughts on recent strength in SNA shares as well as results of our ongoing due diligence, TRN's recent earnings announcement, PSA's earnings announcement, BLDP earnings (as well as the news competitor PLUG Power would be restating financials), and TDG's recently announced divestitures.
Please use the following link to find our review of TDG's fiscal Q1'21, which includes our thoughts on earnings quality, commercial aerospace aftermarket M&A, and the recent change in management's incentive compensation targets.
We've learned some lessons as we've rolled out coverage at Antrim. Some of our constructive feedback has been easy to implement. Like, why on earth don't Antrim Initiations include an "Issuer Info" section on the very first page? Well now they do. With this post, I'm re-publishing Antrim's previous initiations on Shorts: KNSL, QSR, and TDG with a little formatting change, and the new issuer info section, to make them slightly more accessible. There has been no change to substance or content of the reports.