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THOUSAND OAKS, Calif. (AP) _ Teledyne Technologies Inc. (TDY) on Thursday reported third-quarter net income of $48.3 million.
On a per-share basis, the Thousand Oaks, California-based company said it had net income of $1.34. Earnings, adjusted for non-recurring costs, were $1.40 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.31 per share.
The defense and aerospace industry supplier posted revenue of $555.4 million in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $583.6 million.
Teledyne expects full-year earnings to be $5.13 to $5.18 per share.
Teledyne shares have dropped 14 percent since the beginning of the year. The stock has dropped 12 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TDY at http://www.zacks.com/ap/TDY
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Keywords: Teledyne Technologies, Earnings Report
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Teledyne Technologies Incorporated
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CODE : TDY |
ISIN : US8793601050 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
teledyne is based in United states of america. teledyne is listed in United States of America. Its market capitalisation is US$ 16.2 billions as of today (€ 14.8 billions). Its stock quote reached its lowest recent point on March 17, 2000 at US$ 10.50, and its highest recent level on October 11, 2024 at US$ 454.08. teledyne has 35 697 785 shares outstanding. |