Teledyne's (TDY) Q2 Earnings Top Estimates, Revenues Down Y/Y

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$1.42 billion reported in the year-ago quarter. This decline can be attributed to lower year-over-year sales recorded in its Digita ...