logo
Teledyne: Q4 Earnings Snapshot

Teledyne: Q4 Earnings Snapshot

Teledyne: Q4 Earnings Snapshot

By AP News
Published - Jan 25, 2023, 07:12 AM ET
Last Updated - Jun 23, 2023, 01:00 AM EDT

THOUSAND OAKS, Calif. (AP) _ Teledyne Technologies Inc. (TDY) on Wednesday reported fourth-quarter net income of $226.4 million.

The Thousand Oaks, California-based company said it had profit of $4.74 per share. Earnings, adjusted for one-time gains and costs, were $4.94 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $4.52 per share.

The defense and aerospace industry supplier posted revenue of $1.42 billion in the period.

For the year, the company reported profit of $788.6 million, or $16.53 per share. Revenue was reported as $5.46 billion.

For the current quarter ending in March, Teledyne expects its per-share earnings to range from $4.37 to $4.47.

The company expects full-year earnings in the range of $19 to $19.20 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a TDY">Zacks stock report on TDY at https://www.zacks.com/ap/TDY

Our Offices
  • 10kInfo, Inc.
    13555 SE 36th St
    Bellevue, WA 98006
  • 10kInfo Data Solutions, Pvt Ltd.
    Claywork Create
    11 km, Arakere Bannerghatta Rd, Omkar Nagar, Arekere,
    Bengaluru, Karnataka 560076
4.2 12182024