Teledyne Technologies Q2 Adj EPS $4.67 Beats $4.64 Estimate, Sales $1.42B Beat $1.41B Estimate
Portfolio Pulse from Benzinga Newsdesk
Teledyne Technologies (NYSE:TDY) reported Q2 adjusted earnings of $4.67 per share, beating the analyst consensus estimate of $4.64 by 0.65 percent. This is a 5.42 percent increase from the same period last year. The company also reported quarterly sales of $1.42 billion, beating the analyst consensus estimate of $1.41 billion by 0.99 percent, a 5.03 percent increase from the same period last year.
July 26, 2023 | 10:56 am
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POSITIVE IMPACT
Teledyne Technologies reported better than expected Q2 earnings and sales, which could positively impact the stock price in the short term.
Teledyne Technologies reported Q2 earnings and sales that beat analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100