Teledyne's (TDY) Q2 Earnings Top Estimates, Revenues Down Y/Y
Teledyne Technologies(TDY) ZACKS·2024-07-25 00:01
Teledyne Technologies Inc. (TDY) reported second-quarter 2024 adjusted earnings of $4.58 per share, which surpassed the Zacks Consensus Estimate of $4.49 by 2%. However, the bottom line declined 1.9% from $4.67 recorded in the year-ago quarter.The company recorded GAAP earnings of $3.77 per share, down 2.6% from the prior-year period’s earnings of $3.87.Operational HighlightsTotal sales were $1.37 billion, which missed the Zacks Consensus Estimate of $1.38 billion by 0.2%. The top line also dropped 3.6% fro ...