Teledyne Technologies (NYSE:TDY) traded higher on Wednesday after the industrial conglomerate presented 2025 guidance above Wall Street expectations and reported better-than-expected fourth-quarter earnings.
Teledyne Technologies reported Q4 results with sales growth of 5.4% and solid cash from operations and free cash flow in FY24. Q1 adjusted EPS expected at $4.80-$4.90.
The Thousand Oaks, Calif., maker of infrared cameras and other high-tech industrial and aerospace supplies reported a fourth-quarter profit of $198.5 million, or $4.20 a share, compared with $323.1 million, or $6.75 a share in the year-ago quarter.
Shares of digital imaging and instrumentation provider Teledyne (NYSE:TDY) jumped 6.9% in the morning session after the company reported fourth-quarter results, which exceeded analysts' revenue and EPS estimates.
THOUSAND OAKS, Calif. - Teledyne Technologies Incorporated (NYSE:TDY) reported fourth quarter earnings that surpassed analyst estimates, while providing a mixed outlook for 2025. TDY shares were trading flat following the announcement.
This was the stock's seventh consecutive day of gains.
While the top- and bottom-line numbers for Teledyne (TDY) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
For the current quarter ending in March, Teledyne expects its per-share earnings to range from $4.80 to $4.90. The company expects full-year earnings in the range of $21.10 to $21.50 per share.
EST Teledyne (TDY) sees FY25 non-GAAP EPS $21.10-$21.50, consesnsus $21.55Invest with Confidence: Follow TipRanks' Top Wall Street
Teledyne Technologies Inc (TDY) announced earnings for fourth quarter that decreased from last year but beat the Street estimates.
Teledyne Technologies Incorporated ( NYSE: TDY) Q4 2024 Earnings Conference Call January 22, 2025 11:00 AM ET Jason VanWees - Vice Chairman Robert Mehrabian - Executive Chairman Edwin Roks - Chief Executive Officer George Bobb - President and Chief Operating Officer Stephen Blackwood - Senior Vice President and Chief Financial Officer
Wall Street analysts forecast that Teledyne Technologies (TDY) will report quarterly earnings of $5.23 per share in its upcoming release, pointing to a year-over-year decline of 3.9%. It is ...