Teledyne Technologies (TDY) Reports Strong Q2 Earnings; Raises FY08 Outlook Above the Street
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Teledyne Technologies Incorporated (NYSE: TDY) reports Q2 EPS of $0.89, 16 cents better than the analyst estimate of $0.73. Revenues for the quarter were $478.8 million, versus the consensus of $454.23 million.
Sees Q3 EPS in the range of $0.77-$0.79, versus the consensus of $0.77. Raises its FY08 EPS guidance from $2.98-$3.06 to $3.20-$3.25, versus the consensus of $3.06.
Teledyne Technologies Incorporated provides electronic components and subsystems, instrumentation, and communications products in the United States, Europe, Japan, and Canada.
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