Teledyne (TDY) PT Raised to $400 at Needham & Company
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UPDATE: Teledyne Technologies (TDY) Tops Q4 EPS by 32c, Revenues Beat; Offers Q1 EPS Guidance Below Consensus, FY20 EPS Guidance Above Consensus
January 22, 2020 6:57 AM EST(Updated - January 22, 2020 6:58 AM EST)
Teledyne Technologies (NYSE: TDY) reported Q4 EPS of $3.06, $0.32 better than the analyst estimate of $2.74. Revenue for the quarter came in at $834.2 million versus the consensus estimate of $826.78 million.
Record quarterly sales of $834.2 million, an increase of 11.5% compared to last yearRecord quarterly GAAP earnings per diluted share of $3.06, an increase of 24.9% compared to last yearRecord full year sales of $3,163.6 million and GAAP earnings per diluted share of $10.73Record quarterly and full year cash flowRecord fourth quarter and full... More