Teledyne Technologies' Q3 Earnings Top Estimates, Revenues Rise Y/Y

Teledyne Technologies Inc. (TDY) reported third-quarter 2024 adjusted earnings of $5.10 per share, which surpassed the Zacks Consensus Estimate of$4.97 by 2.6%. The bottom line also improved 1% from $5.05 recorded a year ago. The company recorded GAAP earnings of$5.54 per share, up 33.5% from the prior-year level of $4.15.The year-over-year improvement in the bottom line can be attributed to higher net sales and operating income in the third quarter than the year-ago reported actuals.Operational Highlight ...