Teledyne Technologies (TDY) Tops Q2 EPS by 8c; Boosts FY16 EPS Outlook

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Go back to Teledyne Technologies (TDY) Tops Q2 EPS by 8c; Boosts FY16 EPS Outlook

Teledyne Technologies Reports Second Quarter Results

August 4, 2016 6:55 AM EDT

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

Second quarter sales from continuing operations of $534.9 million Second quarter GAAP earnings per diluted share from continuing operations of $1.32 Results include pretax charges of $10.8 million ($0.22 per share) for severance, facility consolidations and asset impairments, offset by a pretax gain of $17.9 million ($0.32 per share) on the sale of real estate no longer needed as a result of prior facility consolidations Raising full year 2016 GAAP earnings outlook from continuing operations to $5.10 to... More