Teledyne Technologies (NYSE:TDY – Get Free Report) issued an update on its FY24 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $19.35-$19.45 for the period, compared to the consensus earnings per share estimate of $19.43. Teledyne Technologies also updated its FY 2024 guidance to 19.350-19.450 EPS.
Teledyne Technologies Price Performance
Shares of NYSE:TDY opened at $469.19 on Friday. The company’s fifty day moving average is $435.99 and its 200 day moving average is $410.56. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 0.28. Teledyne Technologies has a 52 week low of $355.41 and a 52 week high of $475.73. The stock has a market cap of $21.95 billion, a PE ratio of 25.51, a PEG ratio of 3.11 and a beta of 1.01.
Teledyne Technologies (NYSE:TDY – Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The scientific and technical instruments company reported $5.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.97 by $0.13. Teledyne Technologies had a return on equity of 10.27% and a net margin of 15.86%. The business had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same period last year, the company earned $5.05 EPS. Teledyne Technologies’s revenue for the quarter was up 2.9% compared to the same quarter last year. Research analysts anticipate that Teledyne Technologies will post 19.43 earnings per share for the current year.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Report on Teledyne Technologies
Teledyne Technologies Company Profile
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.
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