Teledyne Raises Outlook, Shares Up 20% YTD

Teledyne Technologies raised its 2025 adjusted EPS guidance to $21.20–$21.50, up from the previous $21.10–$21.50, after strong second-quarter results driven by high demand for military drones, sensors, and digital imaging products amid geopolitical tensions. Revenue for the quarter increased 10.2% year-over-year to $1.51 billion, and adjusted EPS reached $5.20, both surpassing analyst expectations. The company reported organic sales growth across all business segments and saw orders outpace sales for the seventh straight quarter. Management remains cautious for the third quarter, citing possible demand acceleration due to global trade uncertainties. Teledyne shares have gained nearly 20% year-to-date, outperforming the broader market. The company maintains an increased $2 billion share buyback authorization and is open to acquisitions and further repurchases if advantageous.