Teledyne Technologies Inc reports results for the quarter ended December 31 - Earnings Summary

Teledyne Technologies Incorporated

22/01/2025 14:31

* Teledyne Technologies Inc  TDY.N  reported quarterly
adjusted
earnings of $5.52​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of $5.44.  The mean expectation of ten analysts for
the quarter was for earnings of $5.22 per share. Wall Street
expected results to range from $5.15  to $5.25 per share.
    * Revenue rose 5.4% to $1.50 billion from a year ago;
analysts
expected $1.45 billion. 
    * Teledyne Technologies Inc's reported EPS for the quarter
was
$4.20​.
    * The company reported quarterly net income of $198.5
million.
    * Teledyne Technologies Inc shares had risen by 3.5% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 also "buy"

Wall Street's median 12-month price target for Teledyne
Technologies Inc is $537.00 
This summary was machine generated from LSEG data January 22 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      5.22           5.52           Beat
 Sep. 30 2024      4.97           5.10           Beat
 Jun. 30 2024      4.50           4.58           Beat
 Mar. 31 2024      4.63           4.55           Missed