Teledyne Technologies (TDY) Tops Q4 EPS by 29c, Guides Q1 & FY16 EPS Below Consensus

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Teledyne Technologies Reports Fourth Quarter Results

February 4, 2016 6:45 AM EST

THOUSAND OAKS, Calif.--(BUSINESS WIRE)-- Teledyne Technologies Incorporated (NYSE: TDY):

Fourth quarter sales of $600.0 million Fourth quarter earnings per diluted share of $1.57 Issued $125.0 million in aggregate principal amount of senior unsecured notes Extended credit facility maturity to 2020 and lowered interest rate Authorized a new stock repurchase program for an additional 3,000,000 shares

Teledyne today reported fourth quarter 2015 sales of $600.0 million, compared with sales of $622.3 million for the fourth... More