View all Key Company Metrics for Teledyne here>>> Shares of Teledyne have returned +12.4% over the past month versus the Zacks S&P 500 composite's +5.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Net Sales- Instrumentation: $367.6 million versus $358.77 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +10.2% change. Net Sales- Aerospace and Defense Electro ...

Core Viewpoint Teledyne Technologies is expected to report strong second-quarter 2025 results, with revenue and earnings growth driven by improved sales across all business segments, including Digital Imaging, Instrumentation, Aerospace & Defense Electronics, and Engineered Systems [1][6][7]. Group 1: Revenue Expectations - Teledyne Technologies is projected to post second-quarter revenue of $1.47 billion, reflecting a year-over-year increase of 7.1% [8]. - The Digital Imaging segment's revenues are estimated at $756.5 million, indicating a year-over-year growth of 2.3% [2]. - The Instrumentation segment is expected to generate revenues of $358.5 million, representing a year-over-year rise of 7.5% [3]. - The Aerospace & Defense Electronics unit's revenues are projected at $240.9 million, implying a significant growth of 23.9% compared to the previous year [4]. - Engineered Systems' revenues are estimated at $110.2 million, showing a rise of 3.2% from the year-ago quarter [5]. Group 2: Earnings Expectations - The consensus estimate for second-quarter earnings per share (EPS) is pegged at $5.01, indicating a growth of 9.4% from the prior-year figure [8]. - Positive synergies from the acquisitions of Micropac and Qioptiq are expected to contribute favorably to Teledyne's earnings performance [6][7]. Group 3: Market Position and Predictions - Teledyne Technologies has delivered a four-quarter earnings surprise of 2.69% on average, suggesting a history of exceeding earnings expectations [1]. - The company currently holds a Zacks Rank of 4 (Sell), indicating a less favorable outlook compared to peers [10]. - The Earnings ESP for Teledyne is +1.22%, but the model does not predict a definitive earnings beat this time [9].

2 INVESTOR PRESENTATION | JUNE 2025 1 3 6 NN Markets(b) Sales by Geography(b) 5 7 8 9 10 (a) | Moody's | Baa2 | | --- | --- | | S&P | BBB | | Fitch | BBB | 12 Defense Electronics Surveillance Systems Unmanned Air and Land Vehicles Commercial Aircraft Avionics Bio-MEMS Endoscopy Sensors Ophthalmology Radiotherapy X-Ray Detection Space-based Imaging Radiation-hardened Electronics Satellite Communication Subsystems Semiconductor Development Environmental Testing Network Analyzers Laboratory Instruments Offshor ...

Summary of Curtiss Wright's Presentation at the William Blair Growth Stock Conference Company Overview - **Company**: Curtiss Wright - **Industry**: Aerospace and Defense - **Key Personnel**: CEO Lynn Bamford, CFO Chris Farkas, Head of Investor Relations Jim Ryan - **Milestone**: Celebrated 95 years on the New York Stock Exchange [8][9] Core Messages - **Pivot to Growth Strategy**: Launched four years ago, focusing on growth and operational excellence [6][12] - **Financial Performance**: Strong financial results with a track record of achieving financial targets set during Investor Days [7][12] - **Engineering Workforce**: Approximately 9,000 employees, with 2,000 engineers, emphasizing collaboration and talent development [11] Operational Strategies - **Operational Growth Platform**: Focus on maximizing profitability through commercial and operational excellence [12] - **R&D Investments**: Increased R&D investments above sales growth, contributing to margin expansion and earnings growth in the mid-teens [12][26] - **Cost Efficiency**: Ongoing consolidation programs to drive efficiencies and reinvest in the business [13] End Markets and Growth Opportunities - **Navy Footprint**: Significant supplier for U.S. Navy platforms, targeting increased content for future generation platforms [19][20] - **Defense Electronics**: Partnership with NVIDIA to enhance electronics capabilities for battlefield technology [20] - **Nuclear Industry**: Focus on aftermarket services, life extensions, and new reactor builds, including small modular reactors (SMRs) [18][22][24] Market Trends - **Commercial Aerospace**: Anticipated multiyear ramp in growth, heavily focused on OEM [31] - **Foreign Military Spending**: Increased spending contributing to growth in defense markets [31] - **Nuclear Energy Expansion**: Targeting significant growth in nuclear energy, with potential for $1.5 billion in market share from Eastern Europe and additional opportunities from U.S. reactor builds [28][39][40] Financial Targets and Performance - **Sales Growth**: Targeting over 5% organic sales growth, with mid to high single-digit growth in defense markets [31] - **Operating Margins**: Expected operating margin expansion, with a current target of 18.4% [34] - **Free Cash Flow**: Projecting $1.3 billion in free cash flow over three years, with a strong focus on capital allocation [35][36] Future Outlook - **Nuclear Reactor Opportunities**: Anticipating orders for AP1000 reactors in 2026, with significant growth potential in the nuclear sector [43] - **Strategic Partnerships**: Collaborations with major players in the nuclear industry to enhance market position [40][41] Conclusion - **Investment Proposition**: Curtiss Wright's pivot to growth strategy is yielding positive results, with strong market positioning and a focus on delivering value to shareholders [28][29]

Core Viewpoint - Teledyne Technologies Inc. reported strong first-quarter 2025 results, with adjusted earnings per share of $4.95, exceeding estimates and showing year-over-year growth of 8.8% [1][2]. Financial Performance - Adjusted earnings per share of $4.95 surpassed the Zacks Consensus Estimate of $4.92 by 0.6% and improved from $4.55 in the prior year [1] - GAAP earnings were $3.99 per share, up 7.3% from $3.72 in the previous year [1] Operational Highlights - Total sales reached $1.45 billion, beating the Zacks Consensus Estimate of $1.42 billion by 1.9% and increasing 7.4% from $1.35 billion in the year-ago quarter [3] - The sales growth was driven by higher year-over-year sales across all business segments [3] Segmental Performance - **Instrumentation**: Sales increased 3.9% year over year to $343.3 million, supported by stronger marine instrumentation sales [4] - **Digital Imaging**: Quarterly sales rose 2.2% to $757 million, driven by higher sales of infrared imaging components and surveillance systems [5] - **Aerospace and Defense Electronics**: Sales surged 30.6% to $242.5 million, primarily due to increased defense electronics sales [5] - **Engineered Systems**: Revenues grew 14.9% to $107.1 million, with operating income increasing 300% to $10.8 million [6] Financial Condition - Cash and cash equivalents totaled $461.5 million as of March 30, 2025, down from $649.8 million at the end of 2024 [7] - Long-term debt increased to $2.96 billion from $2.65 billion [7] - Cash flow from operating activities was $242.6 million, down from $291 million [7] Capital Expenditure and Free Cash Flow - Capital expenditure for the first quarter was $18 million, up from $15.9 million in the prior year [8] - Free cash flow decreased to $224.6 million from $275.1 million in the previous year [8] Guidance - Teledyne expects adjusted earnings for Q2 2025 to be in the range of $4.95-$5.05 per share, while the consensus estimate is $5.20 [10] - For the full year 2025, adjusted earnings are expected to be between $21.10-$21.50 per share, with the consensus estimate at $21.46 [10]

For the quarter ended March 2025, Teledyne Technologies (TDY) reported revenue of $1.45 billion, up 7.4% over the same period last year. EPS came in at $4.95, compared to $4.55 in the year-ago quarter.The reported revenue represents a surprise of +1.95% over the Zacks Consensus Estimate of $1.42 billion. With the consensus EPS estimate being $4.92, the EPS surprise was +0.61%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...