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THOUSAND OAKS, Calif. (AP) _ Teledyne Technologies Inc. (TDY) on Thursday reported fourth-quarter profit of $55.5 million.
The Thousand Oaks, California-based company said it had net income of $1.57 per share. Earnings, adjusted for pretax gains, were $1.41 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.29 per share.
The defense and aerospace industry supplier posted revenue of $600 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $577.1 million.
For the year, the company reported profit of $195.8 million, or $5.44 per share. Revenue was reported as $2.3 billion.
Teledyne expects full-year earnings to be $5.05 to $5.15 per share.
Teledyne shares have fallen 12 percent since the beginning of the year. The stock has fallen 21 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TDY at http://www.zacks.com/ap/TDY
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Keywords: Teledyne Technologies, Earnings Report
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Teledyne Technologies Incorporated
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CODE : TDY |
ISIN : US8793601050 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
teledyne is based in United states of america. teledyne is listed in United States of America. Its market capitalisation is US$ 13.4 billions as of today (€ 12.5 billions). Its stock quote reached its lowest recent point on March 17, 2000 at US$ 10.50, and its highest recent level on April 26, 2024 at US$ 374.64. teledyne has 35 697 785 shares outstanding. |