Teledyne Technologies Reports Fourth Quarter Results

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Teledyne Technologies (TDY) Tops Q4 EPS by 37c, Revenues Beat; Offers 1Q EPS Guidance Below Consensus, FY21 EPS Mid-Point Guidance Below Consensus

January 27, 2021 7:03 AM EST

Teledyne Technologies (NYSE: TDY) reported Q4 EPS of $3.48, $0.37 better than the analyst estimate of $3.11. Revenue for the quarter came in at $809.3 million versus the consensus estimate of $801.5 million.

Fourth quarter sales of $809.3 millionAll-time record GAAP diluted earnings per share of $3.48, an increase of 13.7% compared with last yearAll-time record GAAP operating margin of 17.8%, an increase of 173 bps from last yearRecord quarterly and full year cash from operations of $236.4 million and $618.9 million, respectivelyAnnounced pending acquisition of... More