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

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

Teledyne Technologies Reports Third Quarter Results

October 21, 2020 6:55 AM EDT

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

Sales of $749.0 million and GAAP diluted earnings per share of $2.48 GAAP operating margin of 16.4%, an increase of 31 bps from last year and 158 bps from the prior quarter Record 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 Raising midpoint and narrowing full year 2020 GAAP diluted earnings per share outlook to $9.70 to $10.00, compared with the prior outlook of $9.45 to... More