Teledyne Technologies (NYSE:TDY – Get Free Report) issued an update on its fourth quarter 2024 earnings guidance on Wednesday morning. The company provided EPS guidance of 5.130-5.230 for the period, compared to the consensus EPS estimate of 5.330. The company issued revenue guidance of -. Teledyne Technologies also updated its FY 2024 guidance to 19.350-19.450 EPS.
Teledyne Technologies Stock Up 0.3 %
TDY traded up $1.65 during trading hours on Friday, hitting $474.51. 33,664 shares of the company’s stock were exchanged, compared to its average volume of 239,987. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 0.28. Teledyne Technologies has a 1-year low of $355.41 and a 1-year high of $475.73. The stock’s 50-day moving average is $434.94 and its two-hundred day moving average is $410.18. The stock has a market cap of $22.20 billion, a price-to-earnings ratio of 25.71, a PEG ratio of 3.11 and a beta of 1.01.
Teledyne Technologies (NYSE:TDY – Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The scientific and technical instruments company reported $5.10 EPS for the quarter, beating the consensus estimate of $4.97 by $0.13. The firm had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Teledyne Technologies had a return on equity of 10.27% and a net margin of 15.86%. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.05 earnings per share. Sell-side analysts predict that Teledyne Technologies will post 19.43 earnings per share for the current fiscal year.
Analysts Set New Price Targets
View Our Latest Stock Report on TDY
Teledyne Technologies Company Profile
Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters.
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