5) Aerospace Manufacturing Preview
This week is a key week for earnings from aerospace and defense companies, with a slew of names speaking at investor conferences. The rundown for earning reports includes TransDigm (TDG - Get Report) on Tuesday, Spirit AeroSystems (SPR) on Thursday and FLIR Systems (FLIR - Get Report) on Friday. The analysts at UBS have a mixed preview of the stocks.
TransDigm beat estimates earlier today, reporting earnings, excluding items, of $1.42 a share compared to the forecast of $1.25 a share. Sales rose 51% to $352 million, north of the $345.8 million forecast. As expected, the company raised its guidance for 2012 in light of its closed acquisition of Harco.
Prior to Tuesday's earnings report,