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Teledyne (TDY) Reports Q4 Earnings: What Key Metrics Have to Say
TDYTeledyne Technologies(TDY) ZACKS·2025-01-22 15:31

Core Insights - Teledyne Technologies reported revenue of 1.5billionforthequarterendedDecember2024,reflectingayear−over−yearincreaseof5.41.5 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,upfrom5.52, 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]FinancialPerformance−NetSalesinInstrumentationreached5.23 [1] Financial Performance - Net Sales in Instrumentation reached 368.90 million, exceeding the average estimate of 351.23million,markinga+10.1351.23 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 192.18million,witha+6.8192.18 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 106.69million,representingan+11106.69 million, representing an +11% year-over-year change [4] - Net Sales in Digital Imaging were reported at 822.20 million, compared to the estimated 797.97million,reflectinga+2.5797.97 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 96.22million[4]−OperatingIncomeforDigitalImagingwas96.22 million [4] - Operating Income for Digital Imaging was 90.80 million, below the average estimate of 134.69million[4]−OperatingIncomeforAerospaceandDefenseElectronicswas134.69 million [4] - Operating Income for Aerospace and Defense Electronics was 56.40 million, slightly above the average estimate of 55.25million[4]−OperatingIncomeforEngineeredSystemswas55.25 million [4] - Operating Income for Engineered Systems was 9.80 million, below the average estimate of 10.42million[4]−Corporateexpenseswerereportedat−10.42 million [4] - Corporate expenses were reported at -20.70 million, worse than the average estimate of -18.46million[4]Non−GAAPOperatingIncome−Non−GAAPOperatingIncomeforDigitalImagingwas18.46 million [4] Non-GAAP Operating Income - Non-GAAP Operating Income for Digital Imaging was 187.90 million, exceeding the average estimate of 180.01million[4]−Non−GAAPOperatingIncomeforInstrumentationwas180.01 million [4] - Non-GAAP Operating Income for Instrumentation was 107.20 million, above the average estimate of 99.43million[4]−Non−GAAPOperatingIncomeforAerospaceandDefenseElectronicswas99.43 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]