Latest news with #TeledyneTechnologies
Yahoo
3 days ago
- Business
- Yahoo
Results: Teledyne Technologies Incorporated Exceeded Expectations And The Consensus Has Updated Its Estimates
Teledyne Technologies Incorporated (NYSE:TDY) investors will be delighted, with the company turning in some strong numbers with its latest results. Results were good overall, with revenues beating analyst predictions by 2.6% to hit US$1.5b. Statutory earnings per share (EPS) came in at US$4.43, some 6.7% above whatthe analysts had expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Following the latest results, Teledyne Technologies' eleven analysts are now forecasting revenues of US$6.06b in 2025. This would be an okay 2.5% improvement in revenue compared to the last 12 months. Statutory earnings per share are expected to dip 2.3% to US$17.92 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$6.05b and earnings per share (EPS) of US$17.87 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results. See our latest analysis for Teledyne Technologies There were no changes to revenue or earnings estimates or the price target of US$592, suggesting that the company has met expectations in its recent result. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values Teledyne Technologies at US$630 per share, while the most bearish prices it at US$539. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth. Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Teledyne Technologies' revenue growth is expected to slow, with the forecast 5.0% annualised growth rate until the end of 2025 being well below the historical 12% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 7.9% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Teledyne Technologies. The Bottom Line The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Teledyne Technologies' revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. With that in mind, we wouldn't be too quick to come to a conclusion on Teledyne Technologies. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Teledyne Technologies analysts - going out to 2027, and you can see them free on our platform here. You can also view our analysis of Teledyne Technologies' balance sheet, and whether we think Teledyne Technologies is carrying too much debt, for free on our platform here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
6 days ago
- Business
- Globe and Mail
Teledyne's Q2 Earnings & Revenues Beat Estimates, Increase Y/Y
Teledyne Technologies Inc. ( TDY ) reported second-quarter 2025 adjusted earnings of $5.20 per share, which surpassed the Zacks Consensus Estimate of $5.02 by 3.6%. The bottom line also improved 13.5% from $4.58 recorded in the year-ago quarter. Including one time items, the company recorded GAAP earnings of $4.43 per share, up 17.5% from the prior-year period's earnings of $3.77. The year-over-year improvement in the bottom line can be attributed to higher net sales and operating income in the second quarter than the year-ago quarter's reported actuals. Operational Highlights of TDY Total sales were $1.51 billion, which beat the Zacks Consensus Estimate of $1.47 billion by 2.8%. The top line also surged 10.2% from $1.37 billion reported in the year-ago quarter. This improvement can be attributed to higher year-over-year sales recorded in all of its business segments. TDY's Segmental Performance Instrumentation: Sales in this segment increased 10.2% year over year to $367.6 million, driven by higher sales of marine instrumentation due to stronger offshore energy and defense markets. An increase in sales of electronic test and measurement instrumentation also contributed to this unit's sales growth. The adjusted operating income rose 16.5% year over year to $101.6 million. Digital Imaging: Quarterly sales in this division increased 4.3% year over year to $771 million. The jump was due to higher sales of unmanned air systems and commercial infrared imaging components. The adjusted operating income improved 5.4% year over year to $119.6 million. Aerospace and Defense Electronics: Sales in this segment totaled $264.8 million, up 36.2% from the prior-year quarter. The improvement was driven by higher sales of defense electronics. The adjusted operating income increased 16.6% year over year to $66.6 million. Engineered Systems: Revenues in this division rose 3.3% year over year to $110.3 million due to higher sales of engineered products. This segment's operating income increased 61.3% to $12.1 million. Financial Condition of TDY Teledyne's cash and cash equivalents totaled $310.9 million as of June 29, 2025, compared with $649.8 million as of Dec. 29, 2024. Its long-term debt was $2.17 billion at the end of the second quarter of 2025 compared with $2.65 billion as of Dec. 29, 2024. Cash flow from operating activities totaled $226.6 million for the second quarter compared with $318.7 million in the prior-year period. TDY generated free cash flow of $196.3 million, down from $301 million in the prior-year quarter. TDY's Guidance Teledyne expects to generate adjusted earnings in the band of $5.35-$5.45 per share for the third quarter of 2025. The Zacks Consensus Estimate for TDY's third-quarter earnings is pegged at $5.52 per share, higher than the company's guided range. For 2025, Teledyne still expects its adjusted earnings to be in the range of $21.20-$21.50 per share. The Zacks Consensus Estimate for earnings is pegged at $21.45 per share, which lies above the midpoint of the company's guided range. TDY's Zacks Rank Teledyne currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Recent Defense Releases RTX Corporation 's ( RTX ) second-quarter 2025 adjusted earnings per share (EPS) of $1.56 beat the Zacks Consensus Estimate of $1.45 by 7.6%. The bottom line also improved 10.6% from the year-ago quarter's level of $1.41. RTX's second-quarter sales totaled $21.58 billion, which surpassed the Zacks Consensus Estimate of $20.53 billion by 5.1%. The top line also surged a solid 9.4% from $19.72 billion recorded for the second quarter of 2024. Lockheed Martin Corporation ( LMT ) reported second-quarter 2025 adjusted earnings of $7.29 per share, which beat the Zacks Consensus Estimate of $6.49 by 12.3%. The bottom line increased 2.5% from the year-ago quarter's reported figure of $7.11. Net sales were $18.16 billion, which missed the Zacks Consensus Estimate of $18.56 billion by 2.2%. The top line, however, inched up 0.2% from $18.12 billion reported in the year-ago quarter. Northrop Grumman Corporation ( NOC ) reported second-quarter 2025 adjusted earnings of $7.11 per share, which beat the Zacks Consensus Estimate of $6.71 by 6%. NOC's total sales of $10.35 billion in the second quarter beat the Zacks Consensus Estimate of $10.06 billion by 2.9%. The top line also rose 1.3% from $10.22 billion reported in the year-ago quarter. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Lockheed Martin Corporation (LMT): Free Stock Analysis Report Northrop Grumman Corporation (NOC): Free Stock Analysis Report RTX Corporation (RTX): Free Stock Analysis Report
Yahoo
6 days ago
- Business
- Yahoo
Teledyne Technologies raises 2025 profit outlook on strong defense demand
(Reuters) -Teledyne Technologies raised the lower end of its annual profit forecast after topping Wall Street expectations for second-quarter results on Wednesday, driven by strong demand for its military drones and target detection sensors. Shares of the company rose 4.3% in premarket trading. Defense firms have benefited from sustained demand as a result of simmering geopolitical tensions, including the protracted Russia-Ukraine war and tensions in the Middle East. It now expects adjusted profit per share for 2025 between $21.20 and $21.50, compared with its previous forecast of $21.10 and $21.50. The company, however, struck a cautious tone for its third-quarter outlook. "We are exercising some caution regarding the third quarter, as our second quarter likely benefited from a degree of accelerated demand given uncertain global trade policies," said Executive Chairman Robert Mehrabian. Teledyne's revenue for the quarter rose 10.2% to $1.51 billion, above expectations of $1.48 billion, according to data compiled by LSEG. Its adjusted profit per share was $5.20, also beating estimates of $5.05.
Yahoo
6 days ago
- Business
- Yahoo
Teledyne Technologies raises 2025 profit outlook on strong defense demand
(Reuters) -Teledyne Technologies raised the lower end of its annual profit forecast after topping Wall Street expectations for second-quarter results on Wednesday, driven by strong demand for its military drones and target detection sensors. Shares of the company rose 4.3% in premarket trading. Defense firms have benefited from sustained demand as a result of simmering geopolitical tensions, including the protracted Russia-Ukraine war and tensions in the Middle East. It now expects adjusted profit per share for 2025 between $21.20 and $21.50, compared with its previous forecast of $21.10 and $21.50. The company, however, struck a cautious tone for its third-quarter outlook. "We are exercising some caution regarding the third quarter, as our second quarter likely benefited from a degree of accelerated demand given uncertain global trade policies," said Executive Chairman Robert Mehrabian. Teledyne's revenue for the quarter rose 10.2% to $1.51 billion, above expectations of $1.48 billion, according to data compiled by LSEG. Its adjusted profit per share was $5.20, also beating estimates of $5.05.
Yahoo
02-07-2025
- Business
- Yahoo
Teledyne Technologies Earnings Preview: What to Expect
With a market cap of around $24 billion, Teledyne Technologies Incorporated (TDY) is a diversified industrial company that provides advanced enabling technologies across a range of high-growth markets, including aerospace and defense, environmental monitoring, and medical imaging. The company operates internationally through four key segments: Digital Imaging, Instrumentation, Aerospace and Defense Electronics, and Engineered Systems. The Thousand Oaks, California-based company is slated to announce its fiscal Q2 2025 earnings results on Wednesday, Jul. 23. Ahead of this event, analysts expect TDY to report an adjusted EPS of $5.02 per share, a 9.6% growth from $4.58 in the year-ago quarter. It has exceeded Wall Street's earnings expectations in the past four quarters. Microsoft Stock Is Headed for $4 Trillion. Is It Too Late to Buy MSFT Here? Is UnitedHealth Stock a Buy, Sell, or Hold for July 2025? Is Palantir Stock a Buy at New Record Highs? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For fiscal 2025, analysts expect the defense and aerospace industry supplier to report adjusted EPS of $21.47, marking a growth of 8.8% from $19.73 in fiscal 2024. Moreover, adjusted EPS is anticipated to grow 11.2% year-over-year to $23.87 in fiscal 2026. Shares of Teledyne Technologies have gained 31.7% over the past 52 weeks, outpacing the broader S&P 500 Index's ($SPX) 12.6% return and the Technology Select Sector SPDR Fund's (XLK) 9.7% rise over the same period. Teledyne Technologies reported Q1 2025 results on Apr. 23. The company reported net sales of $1.5 billion, a 7.4% increase year-over-year and adjusted EPS came in at $4.95, surpassing analysts' estimates. Additionally, Teledyne's digital imaging segment, a key contributor to defense-related demand, grew 2.2% to $757 million, reflecting ongoing geopolitical tensions and strong demand for military sensors and cameras. However, despite the strong results, shares of TDY fell 2.7% that day. Analysts' consensus view on Teledyne Technologies stock remains bullish, with a "Strong Buy" rating overall. Out of 10 analysts covering the stock, eight recommend a "Strong Buy," one "Moderate Buy," and one "Hold." As of writing, TDY is trading below the average analyst price target of $562.20. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
