Ahead of Teledyne (TDY) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Core Viewpoint - Analysts forecast that Teledyne Technologies (TDY) will report quarterly earnings of $5.23 per share, reflecting a year-over-year decline of 3.9%, with anticipated revenues of $1.45 billion, an increase of 1.6% compared to the previous year [1] Earnings Estimates - The consensus EPS estimate for the quarter has not changed over the past 30 days, indicating stability in analysts' projections [2] - Revisions to earnings projections are crucial for predicting investor behavior, as studies show a strong correlation between earnings estimate trends and short-term stock performance [3] Revenue Projections - Analysts estimate 'Net Sales- Instrumentation' at $351.23 million, a year-over-year increase of 4.8% [5] - 'Net Sales- Engineered Systems' is projected to reach $106.69 million, reflecting a 3.3% increase year-over-year [5] - 'Net Sales- Digital Imaging' is expected to be $797.97 million, indicating a slight decline of 0.6% year-over-year [5] - 'Net Sales- Aerospace and Defense Electronics' is estimated at $192.18 million, a 4.5% increase from the prior year [6] - 'Sales- Instrumentation - Environmental Instrumentation' is projected at $127.21 million, showing a significant increase of 13.7% year-over-year [7] Operating Income Estimates - 'Operating Income- Instrumentation' is expected to be $96.22 million, up from $90.70 million in the previous year [8] - 'Operating Income- Digital Imaging' is forecasted at $134.69 million, slightly above last year's $134.30 million [8] - 'Operating Income- Aerospace and Defense Electronics' is projected to decline to $55.25 million from $90.70 million year-over-year [8] - 'Non-GAAP Operating Income- Digital Imaging' is expected to be $180.01 million, down from $182.20 million in the same quarter last year [9] Stock Performance - Teledyne shares have increased by 1.5% over the past month, contrasting with a decline of 2.1% in the Zacks S&P 500 composite [9] - With a Zacks Rank 2 (Buy), TDY is anticipated to outperform the overall market in the near future [10]