Teledyne Technologies Reports Second Quarter Results

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Teledyne (TDY) PT Raised to $157 at Needham & Company; Reiterates Buy

August 3, 2017 4:21 PM EDT

Needham & Company raised its price target on Teledyne (NYSE: TDY) to $157.00 (from $148.00) while maintaining a Buy rating following the company's 2Q earnings report. Revenues increased 24% y/o/y to $671.1M, above consensus $636M. Adjusted EPS totaled $1.74, handily beating guidance of $1.27-$1.32 and consensus of $1.28.... More

Teledyne Technologies (TDY) Tops Q2 EPS by 42c; Raises Outlook

August 3, 2017 6:56 AM EDT

Teledyne Technologies (NYSE: TDY) reported Q2 EPS of $1.66, $0.42 better than the analyst estimate of $1.24. Revenue for the quarter came in at $671.1 million versus the consensus estimate of $636.18 million.

GUIDANCE:

Teledyne Technologies sees FY2017 EPS of $6.15-$6.25, versus the consensus of... More