Teledyne Technologies, Inc. (TDY) , with its strategic buyouts, rising earnings estimates and low debt, offers a great investment opportunity in the Zacks Aerospace sector. Let's focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment. TDY's Growth Projections & Surprise History The Zacks Consensus Estimate for TDY's 2024 earnings per share (EPS) has increased 0.3% to $19.40 per share in the past 60 days. The Zacks Consensus Estimate for Teledyne Technologies' ...

Teledyne Technologies, Inc.'s (TDY) subsidiary, Teledyne Brown Engineering, recently received a $114- million contract from the U.S. Army Space and Missile Defense Command. Teledyne Brown Engineering will be in charge of designing, producing and launching realistic-threat ballistic target missiles under this contract, which are essential for testing cutting-edge missile defense systems. What's Favoring TDY? Rapidly increasing geopolitical tensions worldwide, along with heightened regional conflicts in diffe ...

Maliflower73 In the third quarter of 2022, I covered Teledyne (NYSE:TDY). Teledyne is a perfectly run company, but at the time I thought the stock was overvalued while its growth prospects were mediocre. Since then, the share price has risen only 8.6%, while the prospects now look much better. VAL Teledyne Technologies Inc (TDY) Total Return 39.59% S&P 500 (*SPX) Total Return 50.00% 0.00% -50.00% 2020 2022 2021 2024 2023 Seeking AlphaQ Aug 24, 2024, 10:34 AM EDT Powered by YC H A R T S Data by Y Charts Tele ...

RICHMOND, British Columbia, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Teledyne FLIR IIS, a Teledyne Technologies [NYSE:TDY] company, is pleased to introduce the Forge®️ 1GigE SWIR (Short Wave Infrared) 1.3 MP camera. The first camera in the Forge 1GigE SWIR series is equipped with a wide-band and high-sensitivity Sony®️ SenSWIR™️ 1.3 MP IMX990 InGaAs sensor. The advanced sensor captures images across both visible light and SWIR light spectrums (VisSWIR) with 5μm pixels, providing an extended spectral range from 400 ...

International market involvement serves as insurance against economic downturns at home and enables engagement with economies that are growing more quickly. Still, this move toward diversification is not without its challenges, as it involves navigating through the fluctuations of currencies, geopolitical threats, and the distinctive nature of various markets. Of the total revenue, $120 million came from All other countries during the last fiscal quarter, accounting for 8.7%. This represented a surprise of ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________ FORM 10-Q _____________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-15295 _____________________________________ TEL ...

Teledyne Technologies Incorporated (NYSE:TDY) Q2 2024 Earnings Conference Call July 24, 2024 11:00 AM ET Company Participants Jason VanWees - Vice Chairman Robert Mehrabian - Executive Chairman Edwin Roks - CEO Stephen Blackwood - SVP and CFO Conference Call Participants Jim Ricchiuti - Needham and Company Andrew Buscaglia - BNP Conor Walters - Jefferies Joe Giordano - TD Cowen Guy Hardwick - Freedom Capital Markets Rob Jamieson - Vertical Research Partners Jordan Lyonnais - Bank of America Operator In orde ...

Teledyne Technologies Inc. (TDY) reported second-quarter 2024 adjusted earnings of $4.58 per share, which surpassed the Zacks Consensus Estimate of $4.49 by 2%. However, the bottom line declined 1.9% from $4.67 recorded in the year-ago quarter. Total sales were $1.37 billion, which missed the Zacks Consensus Estimate of $1.38 billion by 0.2%. The top line also dropped 3.6% from $1.42 billion reported in the year-ago quarter. This decline can be attributed to lower year-over-year sales recorded in its Digita ...

The reported revenue compares to the Zacks Consensus Estimate of $1.38 billion, representing a surprise of -0.18%. The company delivered an EPS surprise of +2.00%, with the consensus EPS estimate being $4.49. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Teledyne performed in the just reported quarter in terms of the me ...

This quarterly report represents an earnings surprise of 2%. A quarter ago, it was expected that this defense and aerospace industry supplier would post earnings of $4.64 per share when it actually produced earnings of $4.55, delivering a surprise of -1.94%. Teledyne, which belongs to the Zacks Aerospace - Defense Equipment industry, posted revenues of $1.37 billion for the quarter ended June 2024, missing the Zacks Consensus Estimate by 0.18%. This compares to year-ago revenues of $1.42 billion. The compan ...