TDY's business unit, Teledyne FLIR Defense, gets a contract to deliver Black Hornet 4 to the German armed forces.
TDY completes the acquisition of some assets of Excelitas' aerospace and defense electronics business and further expands its product offering to customers.
Teledyne's strong 4Q24 results, with revenue and EPS beating estimates, reflect robust growth in digital imaging, instrumentation, and aerospace and defense electronics segments. I remain bullish on TDY due to its exposure to rising global defense spending, particularly in unmanned systems like the Black Hornet drones. The marine instrumentation segment shows significant growth potential, driven by offshore energy demand and subsea defense applications amid geopolitical tensions.
Teledyne Technologies Incorporated (NYSE:TDY ) Q4 2024 Earnings Conference Call January 22, 2025 11:00 AM ET Company Participants Jason VanWees - Vice Chairman Robert Mehrabian - Executive Chairman Edwin Roks - Chief Executive Officer George Bobb - President and Chief Operating Officer Stephen Blackwood - Senior Vice President and ​Chief Financial Officer Conference Call Participants Noah Poponak - Goldman Sachs Greg Konrad - Jefferies Andrew Buscaglia - BNP Damian Karas - UBS Jordan Lyonnais - Bank of America James Ricchiuti - Needham & Company Joseph Giordano - TD Cowen Operator Welcome to Teledyne's Fourth Quarter Earnings Release Conference Call. Here's our first speaker, Mr.
TDY's total sales in the fourth quarter of 2024 beat the Zacks Consensus Estimate by 3.7%. The top line rises 5.4% from the year-ago level.
While the top- and bottom-line numbers for Teledyne (TDY) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Teledyne Technologies (TDY) came out with quarterly earnings of $5.52 per share, beating the Zacks Consensus Estimate of $5.23 per share. This compares to earnings of $5.44 per share a year ago.
TDY's fourth-quarter results are likely to reflect solid overall sales performance amid the negative impact of supply-chain challenges.
TDY is a good stock to invest in the aerospace-defense equipment industry, given its long-run growth prospects, low debt and strategic acquisitions.
Get a deeper insight into the potential performance of Teledyne (TDY) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
TDY has completed the acquisition of Micropac, a designer and producer of microelectronic circuits, optoelectronic components and power products.
TDY is set to ship its UltraFORCE 380X-HDc multi-spectral imaging systems to NL EASP AIR.