Teledyne Technologies's Earnings: A Preview

Teledyne Technologies (NYSE:TDY) is preparing to release its quarterly earnings on Wednesday, 2024-10-23. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Teledyne Technologies to report an earnings per share (EPS) of $4.97.

Investors in Teledyne Technologies are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Past Earnings Performance

The company's EPS beat by $0.09 in the last quarter, leading to a 0.31% drop in the share price on the following day.

Here's a look at Teledyne Technologies's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

4.49

4.63

5.04

4.76

EPS Actual

4.58

4.55

5.44

5.05

Price Change %

-0.0%

4.0%

2.0%

-0.0%

Teledyne Technologies Share Price Analysis

Shares of Teledyne Technologies were trading at $446.93 as of October 21. Over the last 52-week period, shares are up 19.21%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Perspectives on Teledyne Technologies

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Teledyne Technologies.

Teledyne Technologies has received a total of 1 ratings from analysts, with the consensus rating as Buy. With an average one-year price target of ...