These Analysts Revise Their Forecasts On Teledyne Technologies After Q3 Earnings

Core Insights - Teledyne Technologies reported a 6.7% year-over-year sales growth to $1.540 billion, exceeding the consensus estimate of $1.528 billion [1] - Adjusted EPS for the third quarter was $5.57, surpassing the consensus of $5.480 [1] - The company achieved a record in new orders, attributed to backlog growth at Teledyne FLIR, prompting an increase in full-year earnings outlook [2] Financial Performance - Fourth-quarter adjusted EPS is expected to be between $5.73 and $5.88, compared to the consensus estimate of $5.88 [3] - Full-year 2025 adjusted EPS guidance has been raised to a range of $21.45 to $21.60, up from the previous guidance of $21.20 to $21.50, and compared to the consensus estimate of $21.49 [3] - Teledyne Technologies shares closed at $543.73 following the earnings announcement [3] Analyst Ratings - Needham analyst James Ricchiuti maintained a Buy rating and raised the price target from $585 to $615 [5] - Barclays analyst Guy Hardwick maintained an Equal-Weight rating but lowered the price target from $606 to $584 [5]