Teledyne Technologies (NYSE:TDY) reported its Q3 earnings results on Wednesday, October 27, 2021 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Teledyne Technologies beat their estimated earnings by 17.62%, reporting an EPS of $4.34 versus an estimate of $3.69, which surprised analysts.
Revenue was up $562,900,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.85, which was followed by a 1.56% drop in the share price the next day.
Here’s a look at Teledyne Technologies’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.76 | 2.59 | 3.11 | 2.36 |
| EPS Actual | 4.61 | 3.02 | 3.48 | 2.48 |
| Revenue Estimate | 1.03B | 785.54M | 801.50M | 751.04M |
| Revenue Actual | 1.12B | 805.70M | 809.30M | 749.00M |
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