Teledyne Technologies Reports Third Quarter Results

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Go back to Teledyne Technologies Reports Third Quarter Results

Teledyne Technologies (TDY) Tops Q3 EPS by 12c, Revenues Miss; Raises FY20 EPS Guidance

October 21, 2020 6:58 AM EDT

Teledyne Technologies (NYSE: TDY) reported Q3 EPS of $2.48, $0.12 better than the analyst estimate of $2.36. Revenue for the quarter came in at $749 million versus the consensus estimate of $751.04 million.

Sales of $749.0 million and GAAP diluted earnings per share of $2.48GAAP operating margin of 16.4%, an increase of 31 bps from last year and 158 bps from the prior quarterRecord third quarter free cash flow of $135.1 million and all-time record free cash flow of $330.5 million nine months year to date

Teledyne today reported third quarter 2020 net sales of... More