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

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Teledyne Technologies Reports Fourth Quarter Results

January 27, 2021 6:55 AM EST

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

Fourth quarter sales of $809.3 million All-time record GAAP diluted earnings per share of $3.48, an increase of 13.7% compared with last year All-time record GAAP operating margin of 17.8%, an increase of 173 bps from last year Record quarterly and full year cash from operations of $236.4 million and $618.9 million, respectively Announced pending acquisition of FLIR Systems, Inc. for approximately $8.0 billion Issuing full year 2021 diluted earnings per share outlook of $11.25 to $11.45,... More