Teledyne Technologies (TDY) reported Q1 earnings of $4.55 per share, missing estimates by $0.08, and revenue of $1.35 billion, missing analyst estimates of $1.

Teledyne Technologies (TDY) reported Q1 earnings of $4.55 per share, missing estimates by $0.08. Revenue for the quarter was $1.35 billion, missing analyst estimates of $1.39 billion. The company provided EPS guidance of 4.400-4.500 for Q2 2024, compared to the consensus estimate of 5.000, and updated its FY 2024 guidance to 19.250-19.450 EPS. TDY stock fell 12% on the revenue miss.

April 24, 2024
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