Teledyne Q1 sales and adjusted EPS beat estimates, outlook raised

Teledyne Technologies Incorporated

22/04/2026 12:03

Overview

U.S. industrial technology firm's Q1 sales grew 7.6% yr/yr, beating analyst expectations

Adjusted EPS for Q1 rose 17.2% yr/yr, beating analyst expectations

Company completed DD-Scientific acquisition and raised full-year EPS outlook

Outlook

Teledyne raises full-year 2026 GAAP EPS outlook to $20.08-$20.44 from $19.76-$20.22

Company lifts full-year 2026 non-GAAP EPS outlook to $23.85-$24.15 from $23.45-$23.85

Teledyne sees Q2 2026 GAAP EPS of $4.75-$4.90 and non-GAAP EPS of $5.70-$5.80

Result Drivers

DIGITAL IMAGING GROWTH - Co said higher sales of infrared imaging detectors, components and subsystems for defense and commercial applications, as well as unmanned aerial systems, drove segment growth

DEFENSE ELECTRONICS - Higher sales of defense electronics and contributions from acquisitions boosted Aerospace and Defense Electronics segment

ACQUISITIONS - Recent acquisitions contributed $33.3 mln in incremental sales across segments

Company press release: ID:nBw3ND9Gfa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$1.56 bln
$1.52 bln (11 Analysts)
Q1 Adjusted EPS
Beat
$5.80
$5.48 (12 Analysts)
Q1 EPS
$4.85
Q1 Revenue Growth
7.6%


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(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.)