Why Is Teledyne (TDY) Up 6.3% Since Last Earnings Report?

Company Overview - Teledyne Technologies (TDY) shares have increased by approximately 6.3% over the past month, underperforming the S&P 500 index [1] - Recent earnings report indicates a need to analyze important drivers affecting the stock [1] Earnings Estimates - Fresh estimates for Teledyne have trended downward in the past month, indicating a negative outlook [2][4] - The stock currently holds a Zacks Rank 3 (Hold), suggesting an expectation of in-line returns in the upcoming months [4] VGM Scores - Teledyne has a Growth Score of B, a Momentum Score of C, and a Value Score of C, resulting in an aggregate VGM Score of C, placing it in the middle 20% for investment strategies [3] Industry Performance - Teledyne is part of the Zacks Aerospace - Defense Equipment industry, where Hexcel (HXL) has gained 3.8% over the past month [5] - Hexcel reported revenues of $456.5 million for the last quarter, reflecting a year-over-year decline of 3.4% [5] - Hexcel's expected earnings for the current quarter are $0.50 per share, indicating a 16.7% decrease from the previous year, with a Zacks Rank 4 (Sell) [6]