Teledyne beats Q2 profit expectations, raises FY EPS forecast

Teledyne Technologies Incorporated

23/07/2025 12:05

Overview

Teledyne Q2 2025 sales rise 10.2% to $1.51 bln, beating expectations

Adjusted EPS for Q2 2025 exceeds analyst estimates, per LSEG data

Co, which makes aerospace and defense electronics, raises full year EPS outlook

Co increases stock repurchase authorization to $2.0 bln, replacing previous authorization

Outlook

Teledyne raises full-year 2025 GAAP EPS outlook to $17.59-$17.97 from prior outlook of $17.35 to $17.83

Teledyne sees full-year 2025 non-GAAP EPS of $21.20-$21.50 compared with prior outlook of $21.10 to $21.50

Company expects Q3 2025 GAAP EPS between $4.39 and $4.54

Company anticipates Q3 2025 non-GAAP EPS of $5.35-$5.45

Result Drivers

ORGANIC GROWTH - Teledyne reports organic sales growth in every segment, contributing to record quarterly sales

ACQUISITIONS - Incremental sales from recent acquisitions added $70.1 mln to Q2 2025 sales

ACCELERATED DEMAND - Co attributes strong Q2 results partly to accelerated demand amid uncertain global trade policies

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$1.51 bln
$1.48 bln (8 Analysts)
Q2 Adjusted EPS
Beat
$5.2
$5.05 (9 Analysts)
Q2 EPS
$4.43
Q2 Net Income
$209.90 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electronic equipment & parts peer group is "buy"

Wall Street's median 12-month price target for Teledyne Technologies Inc is $555.00, about 0.2% below its July 22 closing price of $555.95

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release: ID:nBw5PJZP6a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)