Teledyne Technologies Reports Q4 Earnings, Beats Estimates

Teledyne Technologies (TDY) reported strong Q4 earnings of $5.52 per share, surpassing the Zacks Consensus Estimate of $5.23, alongside revenues of $1.5 billion, which exceeded expectations by 3.75%. This marks the third time in four quarters that Teledyne has exceeded consensus EPS estimates. The company experienced a year-over-year revenue increase of 5.4% and achieved record sales and earnings, though it also reported a decline in operating margin to 15.8%. Adjusted EPS guidance for FY2025 is set at $21.30, slightly missing analyst expectations. Institutional interest in Teledyne has been growing, with significant increases in holdings from various investors. The company’s stock performance has outpaced the S&P 500, raising questions about its future growth prospects amidst fluctuating economic conditions.