Teledyne Q3 Non-GAAP Earnings, Net Sales Rise; 2024 Earnings Guidance Updated

MT Newswires Live
23 Oct 2024

Teledyne Technologies (TDY) reported Q3 non-GAAP earnings Wednesday of $5.10 per diluted share, up from $5.05 a year earlier.

Analysts polled by Capital IQ expected $4.97.

Net sales for the quarter ended Sept. 29 were $1.44 billion, up from $1.40 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.42 billion.

For Q4, the company said it expects non-GAAP EPS of $5.13 to $5.23. Analysts polled by Capital IQ expect $5.33.

For full-year 2024, non-GAAP EPS is now expected to be in the range of $19.35 to $19.45, compared with $19.25 to $19.45 previously. Analysts polled by Capital IQ expect $19.43.

Price: 445.00, Change: +1.51, Percent Change: +0.34

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