Teledyne (TDY) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Teledyne Technologies reported revenue of $1.5 billion for the quarter ended December 2024, reflecting a year-over-year increase of 5.4% and a surprise of +3.75% over the Zacks Consensus Estimate of $1.45 billion [1] - The company's EPS for the quarter was $5.52, up from $5.44 in the same quarter last year, with an EPS surprise of +5.54% compared to the consensus estimate of $5.23 [1] Financial Performance - Net Sales in Instrumentation reached $368.90 million, exceeding the average estimate of $351.23 million, marking a +10.1% year-over-year change [4] - Net Sales in Aerospace and Defense Electronics were $196.50 million, surpassing the average estimate of $192.18 million, with a +6.8% year-over-year increase [4] - Net Sales in Engineered Systems amounted to $114.70 million, above the average estimate of $106.69 million, representing an +11% year-over-year change [4] - Net Sales in Digital Imaging were reported at $822.20 million, compared to the estimated $797.97 million, reflecting a +2.5% year-over-year increase [4] Operating Income - Operating Income for Instrumentation was $100.80 million, exceeding the average estimate of $96.22 million [4] - Operating Income for Digital Imaging was $90.80 million, below the average estimate of $134.69 million [4] - Operating Income for Aerospace and Defense Electronics was $56.40 million, slightly above the average estimate of $55.25 million [4] - Operating Income for Engineered Systems was $9.80 million, below the average estimate of $10.42 million [4] - Corporate expenses were reported at -$20.70 million, worse than the average estimate of -$18.46 million [4] Non-GAAP Operating Income - Non-GAAP Operating Income for Digital Imaging was $187.90 million, exceeding the average estimate of $180.01 million [4] - Non-GAAP Operating Income for Instrumentation was $107.20 million, above the average estimate of $99.43 million [4] - Non-GAAP Operating Income for Aerospace and Defense Electronics was $56.60 million, slightly above the average estimate of $55.26 million [4] Stock Performance - Teledyne's shares have returned +1.1% over the past month, compared to a +2.1% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]