Latest news with #TDY
Business Insider
21 hours ago
- Business
- Business Insider
Teledyne awarded $126.69M Navy contract
Teledyne (TDY) was awarded $126.69M indefinite-delivery/indefinite-quantity contract with cost-plus-fixed-fee and firm-fixed-price ordering provisions for support services to include designing and developing IT applications, developing medical manpower analytical methodologies, implementing algorithms, mapping capabilities, optimizing simulation engines, migration of tools to a cloud environment, delivering training and providing help-desk services in support of the medical modeling, simulation and mission support department at the Naval Health Research Center. The contract will include a five-year ordering period with no options. The ordering period is expected to begin August 2025 and be completed by August 2030. The contract was competitively procured electronically through the Navy Electronic Commerce Online and the System for Award Management websites with three offers received. Naval Supply Systems Command Fleet Logistics Center Norfolk is the contracting activity. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Globe and Mail
23-07-2025
- Business
- Globe and Mail
Teledyne's Q2 Earnings & Revenues Beat Estimates, Increase Y/Y
Teledyne Technologies Inc. ( TDY ) reported second-quarter 2025 adjusted earnings of $5.20 per share, which surpassed the Zacks Consensus Estimate of $5.02 by 3.6%. The bottom line also improved 13.5% from $4.58 recorded in the year-ago quarter. Including one time items, the company recorded GAAP earnings of $4.43 per share, up 17.5% from the prior-year period's earnings of $3.77. The year-over-year improvement in the bottom line can be attributed to higher net sales and operating income in the second quarter than the year-ago quarter's reported actuals. Operational Highlights of TDY Total sales were $1.51 billion, which beat the Zacks Consensus Estimate of $1.47 billion by 2.8%. The top line also surged 10.2% from $1.37 billion reported in the year-ago quarter. This improvement can be attributed to higher year-over-year sales recorded in all of its business segments. TDY's Segmental Performance Instrumentation: Sales in this segment increased 10.2% year over year to $367.6 million, driven by higher sales of marine instrumentation due to stronger offshore energy and defense markets. An increase in sales of electronic test and measurement instrumentation also contributed to this unit's sales growth. The adjusted operating income rose 16.5% year over year to $101.6 million. Digital Imaging: Quarterly sales in this division increased 4.3% year over year to $771 million. The jump was due to higher sales of unmanned air systems and commercial infrared imaging components. The adjusted operating income improved 5.4% year over year to $119.6 million. Aerospace and Defense Electronics: Sales in this segment totaled $264.8 million, up 36.2% from the prior-year quarter. The improvement was driven by higher sales of defense electronics. The adjusted operating income increased 16.6% year over year to $66.6 million. Engineered Systems: Revenues in this division rose 3.3% year over year to $110.3 million due to higher sales of engineered products. This segment's operating income increased 61.3% to $12.1 million. Financial Condition of TDY Teledyne's cash and cash equivalents totaled $310.9 million as of June 29, 2025, compared with $649.8 million as of Dec. 29, 2024. Its long-term debt was $2.17 billion at the end of the second quarter of 2025 compared with $2.65 billion as of Dec. 29, 2024. Cash flow from operating activities totaled $226.6 million for the second quarter compared with $318.7 million in the prior-year period. TDY generated free cash flow of $196.3 million, down from $301 million in the prior-year quarter. TDY's Guidance Teledyne expects to generate adjusted earnings in the band of $5.35-$5.45 per share for the third quarter of 2025. The Zacks Consensus Estimate for TDY's third-quarter earnings is pegged at $5.52 per share, higher than the company's guided range. For 2025, Teledyne still expects its adjusted earnings to be in the range of $21.20-$21.50 per share. The Zacks Consensus Estimate for earnings is pegged at $21.45 per share, which lies above the midpoint of the company's guided range. TDY's Zacks Rank Teledyne currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Recent Defense Releases RTX Corporation 's ( RTX ) second-quarter 2025 adjusted earnings per share (EPS) of $1.56 beat the Zacks Consensus Estimate of $1.45 by 7.6%. The bottom line also improved 10.6% from the year-ago quarter's level of $1.41. RTX's second-quarter sales totaled $21.58 billion, which surpassed the Zacks Consensus Estimate of $20.53 billion by 5.1%. The top line also surged a solid 9.4% from $19.72 billion recorded for the second quarter of 2024. Lockheed Martin Corporation ( LMT ) reported second-quarter 2025 adjusted earnings of $7.29 per share, which beat the Zacks Consensus Estimate of $6.49 by 12.3%. The bottom line increased 2.5% from the year-ago quarter's reported figure of $7.11. Net sales were $18.16 billion, which missed the Zacks Consensus Estimate of $18.56 billion by 2.2%. The top line, however, inched up 0.2% from $18.12 billion reported in the year-ago quarter. Northrop Grumman Corporation ( NOC ) reported second-quarter 2025 adjusted earnings of $7.11 per share, which beat the Zacks Consensus Estimate of $6.71 by 6%. NOC's total sales of $10.35 billion in the second quarter beat the Zacks Consensus Estimate of $10.06 billion by 2.9%. The top line also rose 1.3% from $10.22 billion reported in the year-ago quarter. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Lockheed Martin Corporation (LMT): Free Stock Analysis Report Northrop Grumman Corporation (NOC): Free Stock Analysis Report RTX Corporation (RTX): Free Stock Analysis Report
Yahoo
18-07-2025
- Business
- Yahoo
Will Segment Growth Aid Teledyne Technologies' Q2 Earnings?
Teledyne Technologies Incorporated (TDY) is slated to post second-quarter 2025 results on July 23, before market open. Teledyne Technologies delivered a four-quarter earnings surprise of 2.69%, on average. Improved sales expectations from all four of its business segments are likely to have boosted TDY's overall second-quarter top line. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) TDY's Digital Imaging Sales Likely to Rise Higher sales volume from commercial infrared imaging components and surveillance systems is expected to have boosted the company's Digital Imaging Sales unit's revenue performance. The Zacks Consensus Estimate for the Digital Imaging segment's second-quarter revenues is pegged at $756.5 million. This indicates year-over-year growth of 2.3%. Teledyne Technologies Incorporated Price and EPS Surprise Teledyne Technologies Incorporated price-eps-surprise | Teledyne Technologies Incorporated Quote TDY's Instrumentation Segment Sales to Increase The Instrumentation unit's revenue performance in the second quarter is likely to have benefited from increasing sales of marine instrumentation, primarily driven by stronger offshore energy and subsea defense markets, as well as higher sales from electronic test and measurement instrumentation. The Zacks Consensus Estimate for the Instrumentation segment's revenues in the second quarter is pegged at $358.5 million, implying a year-over-year rise of 7.5%. TDY's Aerospace & Defense Electronics Holds Growth Potential Solid organic sales of defense electronics products, in addition to sales growth from recent acquisitions, are likely to have boosted this unit's top-line performance. The Zacks Consensus Estimate for Aerospace and Defense Electronics unit's second-quarter revenues is pegged at $240.9 million, implying growth of 23.9% from the top line reported in the year-ago quarter. TDY's Engineered Systems Sales Likely to Remain Strong Higher sales of engineered products, primarily driven by electronic manufacturing services products, are likely to have aided Engineered Systems' revenues. The Zacks Consensus Estimate for second-quarter revenues is pegged at $110.2 million, implying a rise of 3.2% from the top line reported in the year-ago quarter. Q2 Estimates for TDY With all of Teledyne Technologies' segments expected to deliver a solid top-line performance, its overall revenues are projected to have been strong. A robust top-line performance is likely to have bolstered its overall bottom-line performance. Positive synergies from the acquisition of Micropac and Qioptiq are also expected to have contributed favorably to TDY's earnings. The Zacks Consensus Estimate for TDY's revenues is pegged at $1.47 billion, implying a rise of 7.1% from the figure reported in the year-ago quarter. The consensus estimate for second-quarter earnings is pegged at $5.01 per share, indicating 9.4% growth from the prior-year figure. What the Zacks Model Unveils for TDY Our proven model does not conclusively predict an earnings beat for Teledyne Technologies this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as you will see below. TDY's Earnings ESP: Teledyne Technologies has an Earnings ESP of +1.22%. You can uncover the best stocks before they're reported with our Earnings ESP Filter. TDY's Zacks Rank: Teledyne Technologies currently carries a Zacks Rank #4 (Sell). Stocks to Consider Below, we have mentioned a few players from the same industry that have the right combination of elements to beat on earnings this reporting cycle. Curtiss-Wright Corp. (CW) is set to report second-quarter 2025 earnings on Aug. 6, after market close. It has an Earnings ESP of +2.58% and a Zacks Rank of 2 at present. You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for earnings is pegged at $3.09 per share, indicating year-over-year growth of 15.7%. The consensus estimate for sales is pegged at $849.8 million, indicating year-over-year growth of 8.3%. Woodward (WWD) is slated to report its fiscal third-quarter 2025 results on July 28, after market close. It has an Earnings ESP of +4.29% and a Zacks Rank of 2 at present. The Zacks Consensus Estimate for WWD's earnings is pegged at $1.62 per share. The consensus estimate for sales is pegged at $887.8 million, indicating year-over-year growth of 4.7%. Transdigm Group (TDG) is expected to report fiscal third-quarter earnings soon. It has an Earnings ESP of +0.25% and carries a Zacks Rank of 3 at present. The Zacks Consensus Estimate for TDG's earnings is pegged at $9.78 per share, indicating year-over-year growth of 8.7%. The consensus estimate for sales is pegged at $2.30 billion, indicating year-over-year growth of 12.2%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Transdigm Group Incorporated (TDG) : Free Stock Analysis Report Teledyne Technologies Incorporated (TDY) : Free Stock Analysis Report Curtiss-Wright Corporation (CW) : Free Stock Analysis Report Woodward, Inc. (WWD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
16-07-2025
- Business
- Globe and Mail
Teledyne Announces Second Quarter 2025 Earnings Webcast Details
Teledyne Technologies Incorporated (NYSE:TDY) will hold a conference call to discuss its second quarter 2025 results on Wednesday, July 23, 2025, at 8:00 a.m. Pacific. A press release with the second quarter financial results will be issued before the opening of the New York Stock Exchange on Wednesday, July 23, 2025. To access the call, go to approximately ten minutes before the scheduled start time. A replay will be available at this website for approximately one month starting at 11:00 a.m. Pacific on Wednesday, July 23, 2025. Teledyne Technologies is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Teledyne's operations are primarily located in the United States, Canada, the United Kingdom, and Western and Northern Europe. For more information, visit Teledyne's website at
Yahoo
02-07-2025
- Business
- Yahoo
Teledyne Technologies Earnings Preview: What to Expect
With a market cap of around $24 billion, Teledyne Technologies Incorporated (TDY) is a diversified industrial company that provides advanced enabling technologies across a range of high-growth markets, including aerospace and defense, environmental monitoring, and medical imaging. The company operates internationally through four key segments: Digital Imaging, Instrumentation, Aerospace and Defense Electronics, and Engineered Systems. The Thousand Oaks, California-based company is slated to announce its fiscal Q2 2025 earnings results on Wednesday, Jul. 23. Ahead of this event, analysts expect TDY to report an adjusted EPS of $5.02 per share, a 9.6% growth from $4.58 in the year-ago quarter. It has exceeded Wall Street's earnings expectations in the past four quarters. Microsoft Stock Is Headed for $4 Trillion. Is It Too Late to Buy MSFT Here? Is UnitedHealth Stock a Buy, Sell, or Hold for July 2025? Is Palantir Stock a Buy at New Record Highs? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For fiscal 2025, analysts expect the defense and aerospace industry supplier to report adjusted EPS of $21.47, marking a growth of 8.8% from $19.73 in fiscal 2024. Moreover, adjusted EPS is anticipated to grow 11.2% year-over-year to $23.87 in fiscal 2026. Shares of Teledyne Technologies have gained 31.7% over the past 52 weeks, outpacing the broader S&P 500 Index's ($SPX) 12.6% return and the Technology Select Sector SPDR Fund's (XLK) 9.7% rise over the same period. Teledyne Technologies reported Q1 2025 results on Apr. 23. The company reported net sales of $1.5 billion, a 7.4% increase year-over-year and adjusted EPS came in at $4.95, surpassing analysts' estimates. Additionally, Teledyne's digital imaging segment, a key contributor to defense-related demand, grew 2.2% to $757 million, reflecting ongoing geopolitical tensions and strong demand for military sensors and cameras. However, despite the strong results, shares of TDY fell 2.7% that day. Analysts' consensus view on Teledyne Technologies stock remains bullish, with a "Strong Buy" rating overall. Out of 10 analysts covering the stock, eight recommend a "Strong Buy," one "Moderate Buy," and one "Hold." As of writing, TDY is trading below the average analyst price target of $562.20. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
