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22 January
Teledyne Technologies Guides Q1, FY25 Below Estimates - Update

(RTTNews) - While reporting financial results for the fourth quarter on Wednesday, Teledyne Technologies Inc. (TDY) initiated earnings and adjusted earnings guidance for the first quarter and for the full-year 2025.

For the first quarter, the company expects earnings in a range of $3.90 to $4.04 per share and adjusted earnings in a range of $4.80 to $4.90 per share.

Looking ahead to fiscal 2025, the company now projects earnings in a range of $17.70 to $18.20 per share and adjusted earnings in a range of $21.10 to $21.50 per share, which includes Micropac but excludes Excelitas.

On average, analysts polled expect the company to report earnings of $5.02 per share for the first quarter and $21.55 per share for the year. Analysts' estimates typically exclude special items.

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