Teledyne Technologies Reports Second Quarter Results

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Go back to Teledyne Technologies Reports Second Quarter Results

Teledyne (TDY) PT Raised to $240 at Needham & Company

August 6, 2018 6:37 AM EDT

Needham & Company raised its price target on Teledyne (NYSE: TDY) to $240.00 (from $210.00) while maintaining a Buy rating.

Analyst James Ricchitui commented, "TDY is firing on all cylinders, as evidenced by another strong beat-and-raise quarter. Revenues increased a stronger than expected 9% (8% organic)... More

Teledyne Technologies (TDY) Tops Q2 EPS by 44c, Revenues Beat; Boosts FY18 EPS Outlook Above Consensus

August 2, 2018 6:59 AM EDT

Teledyne Technologies (NYSE: TDY) reported Q2 EPS of $2.32, $0.44 better than the analyst estimate of $1.88. Revenue for the quarter came in at $732.5 million versus the consensus estimate of $704.58 million.

Record sales of $732.5 million, an increase of 9.1% compared to last yearRecord GAAP earnings per... More