Wed, Oct 27, 2021 4:03 AM
THOUSAND OAKS, Calif. (AP) _ Teledyne Technologies Inc. (TDY) on Wednesday reported third-quarter profit of $134.1 million.
The Thousand Oaks, California-based company said it had profit of $2.81 per share. Earnings, adjusted for non-recurring costs, were $4.34 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $3.68 per share.
The defense and aerospace industry supplier posted revenue of $1.31 billion in the period.
For the current quarter ending in December, Teledyne expects its per-share earnings to range from $4.07 to $4.17.
The company expects full-year earnings in the range of $16.35 to $16.45 per share.