Teledyne had a strong third quarter in which its profit exceeded Wall Street’s expectations.
Credit: Timon Schneider/Alamy Stock Photo
Teledyne Technologies posted a profit of $196.8 million in the third quarter, up 11.4% over $178.3 million during the same period a year earlier, with adjusted earnings per share of $5.05 compared to analysts’ estimates of $4.76. Revenue rose 2.9% year on year to $1.4 billion, just barely missing...
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