Teledyne Technologies (TDY) to Release Quarterly Earnings on Thursday
Teledyne Technologies (NYSE:TDY) is set to issue its quarterly earnings data on Thursday, October 24th. Teledyne Technologies has set its FY13 guidance at $4.50-4.55 EPS and its Q3 guidance at $1.10-1.15 EPS.Parties interested in participating in the company’s conference call can do so using this link.
Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings data on Thursday, July 25th. The company reported $1.13 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.07 by $0.06. The company had revenue of $601.00 million for the quarter, compared to the consensus estimate of $574.96 million. During the same quarter last year, the company posted $1.06 earnings per share. Teledyne Technologies’s revenue was up 15.9% compared to the same quarter last year.
Teledyne Technologies (NYSE:TDY) traded up 0.01% during mid-day trading on Wednesday, hitting $89.425. The stock had a trading volume of 16,760 shares. Teledyne Technologies has a one year low of $59.61 and a one year high of $83.52. The stock’s 50-day moving average is $80.58 and its 200-day moving average is $77.74. The company has a market cap of $3.348 billion and a P/E ratio of 19.57.
Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus raised their price target on shares of Teledyne Technologies from $90.00 to $100.00 in a research note to investors on Monday. They now have a “buy” rating on the stock. On a related note, analysts at Jefferies Group raised their price target on shares of Teledyne Technologies from $75.00 to $85.00 in a research note to investors on Friday, July 26th. They now have a “hold” rating on the stock. Finally, analysts at Needham & Company raised their price target on shares of Teledyne Technologies from $82.00 to $90.00 in a research note to investors on Friday, July 26th. They now have a “buy” rating on the stock.
Teledyne Technologies Incorporated (NYSE:TDY) is a provider of electronic subsystems and instrumentation, including aerospace and defense electronics, digital imaging products and software, monitoring instrumentation for marine and environmental applications, harsh environment interconnect products, and subsystems for satellite communications.
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