Teledyne Technologies (NYSE:TDY – Get Free Report) issued an update on its FY 2024 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 19.250-19.450 for the period, compared to the consensus earnings per share estimate of 19.380. The company issued revenue guidance of -. Teledyne Technologies also updated its FY24 guidance to $19.25-$19.45 EPS.
Teledyne Technologies Stock Performance
NYSE TDY traded up $1.52 on Thursday, hitting $418.52. 303,000 shares of the stock traded hands, compared to its average volume of 251,464. The business’s fifty day moving average is $393.62 and its two-hundred day moving average is $409.25. Teledyne Technologies has a 12 month low of $355.41 and a 12 month high of $448.19. The firm has a market capitalization of $19.83 billion, a price-to-earnings ratio of 22.75, a PEG ratio of 2.83 and a beta of 1.00. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.29 and a current ratio of 1.81.
Teledyne Technologies (NYSE:TDY – Get Free Report) last posted its earnings results on Wednesday, July 24th. The scientific and technical instruments company reported $4.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.49 by $0.09. The firm had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.36 billion. Teledyne Technologies had a return on equity of 10.54% and a net margin of 15.81%. The business’s quarterly revenue was down 3.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.67 earnings per share. As a group, equities analysts anticipate that Teledyne Technologies will post 19.34 EPS for the current fiscal year.
Analyst Ratings Changes
Get Our Latest Stock Report on Teledyne Technologies
About Teledyne Technologies
Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters.
Recommended Stories
- Five stocks we like better than Teledyne Technologies
- How to Read Stock Charts for Beginners
- Viking Therapeutics: Pharma Stock Soars on Positive Earnings
- How to Most Effectively Use the MarketBeat Earnings Screener
- Top 3 Small Cap Stocks Emerging as Rotation Winners
- How to Use the MarketBeat Dividend Calculator
- Bargain Alert: 3 Stocks Worth Watching While The Market Cools
Receive News & Ratings for Teledyne Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teledyne Technologies and related companies with MarketBeat.com's FREE daily email newsletter.